Bolloré Logistics expands in Australia

News 24 Aug 2022 by WCN Editorial

Bolloré Logistics continues to grow by acquisition, completing the purchase of Lynair Logistics to expand its footprint in Australia.

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The acquisition, effective from 1 August 2022, sees Bolloré Logistics Australia fully own Lynair Logistics, which is based in Adelaide, South Australia. “Lynair will retain its brand name temporarily and continue its business operations as usual following the acquisition,’ Bolloré Logistics said.

Bolloré Logistics seems to be pursuing a “roll up” strategy is the logistics industry, where it acquires and consolidates local freight forwarding and logistics companies into larger, more valuable regional businesses. Earlier this year Bolloré Group sold its Bolloré Africa Logistics division to MSC.

“The acquisition of Lynair Logistics further strengthens our presence in Australia, and we are pleased to welcome our new, experienced and highly capable team members into the Bolloré Logistics Australia family,” said Thibault Janssens, CEO of Bolloré Logistics, Pacific Region.

“Lynair will carry on its business as usual and will have the strong support of Bolloré Logistics Australia as well as its global network,” added David Guarnera, State Manager of Victoria and South Australia, Bolloré Logistics Australia.

Pictured (L-R): David Guarnera (State Manager of Victoria and South Australia, Bolloré Logistics Australia), Thibault Janssens (CEO of Bolloré Logistics, Pacific Region), Augustin Paul (Managing Director of Lynair Logistics), Cameron Galloway, Sales Director of Lynair Logistics.