Bolloré launches joint venture in Saudi Arabia

Bolloré Group and Bahri, a Saudi part state-owned transportation and logistics company, have launched Bahri Bolloré Logistics, the companies’ joint venture. Bahri owns a 60% stake in the joint venture, while Bolloré owns the remaining 40%.

Headquartered in Riyadh, Saudi Arabia, Bahri Bolloré Logistics will provide end-to-end logistics and supply chain management solutions to local and international firms operating in Saudi Arabia.

Ali Al-Harbi, Acting CEO of Bahri‎, said, “The inauguration of Bahri Bolloré Logistics will enable us to ‎play a significant role in driving an important objective of ‎Saudi ‎Arabia’s Vision 2030, to further raise the Kingdom’s ranking in the ‎global logistics market.

Thierry Ehrenbogen, CEO of Bolloré Logistics, said “Our joint-venture with Bahri enable us to promote our expertise of our key sectors, especially in Aerospace, Defence, Oil & Gas along with Fashion and Healthcare.”

Source: Bolloré


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