Bolloré’s contract logistics business grows with acquisition
28 / 02 / 2024
Photo: Bolloré Logistics
Bolloré Logistics’ contract logistics subsidiary, Bolloré Solutions Logistiques (BSL) has acquired STEF Logistique Santé (SLS) to grow its contract logistics business and strengthen its expertise in the pharmaceutical industry.
SLS, the healthcare subsidiary of France-based Stef Group, employs 85 people at three different sites in Strasbourg (Port du Rhin). In addition to its logistics business, SLS is also involved in supplying specific packaging for pharmaceutical products.
Through this transaction, BSL has acquired a total surface area of around 13,000 m2 at controlled temperatures of +2°/+8°C, +15°/+25°C and -20°C.
BSL now operates over 85,000 m2 of warehousing space in France, including a 10,000 m2 temperature-controlled logistics facility in Alsace, built in 2021 at Strasbourg Entzheim airport.
From this location, BSL provides high value-added services for pharmaceutical product flows and logistics operations, including the handling of air and sea export flows.
“The acquisition of STEF Logistique Santé is part of a twofold approach, encompassing our Contract Logistics growth strategy as well as our drive to enhance our service offering in the Healthcare sector. We are thrilled to have been able to conclude this deal, enabling us to offer comprehensive solutions to our customers in a rapidly growing sector”, said Laurent Foloppe, chief executive of Bolloré Solutions Logistiques.
The European Commission recently approved CMA CGM’s proposed acquisition of Bolloré Logistics.
