On Friday 23 February, the European Commission announced that it had conditionally authorised the proposed acquisition of Bolloré Logistics SE (‘Bolloré Logistics’) by CMA CGM S.A. (‘CMA CGM’), two international transport and logistics companies.
Following an investigation carried out in collaboration with the competition authorities of French Polynesia and New Caledonia, the Commission concluded that the merger, as initially notified, would have reduced competition on the markets for the provision of maritime transit services in Martinique, Guadeloupe and French Guyana.
The Commission’s authorisation is therefore conditional on the implementation of corrective measures, proposed by Bolloré Logistics and CMA CGM, to remedy the competition problems identified by the Commission.
The companies have undertaken to sell all of Bolloré Logistics’ activities in Guadeloupe, Martinique, Saint-Martin and French Guyana, as well as several assets linked to Bolloré Logistics’ activities in mainland France.
An independent trustee will monitor the implementation of these corrective measures, under the supervision of the Commission. (Original version in French by Émilie Vanderhulst)