MSC launches Africa Global Logistics

MSC has reinforced its continuous investment in Africa with the introduction of the brand Africa Global Logistics (AGL). AGL is the new name for the business formerly known as Bolloré Africa Logistics (BAL), says an official release. MSC had acquired BAL in 2022 for a purchase price based on an enterprise value, net of minority interests, of €5.7 billion ($6.3 billion). "Having developed its expertise over more than a century and with more than 21,000 employees working in 49 countries, AGL is a reference multimodal logistics operator and is now part of the cargo division of MSC Group. AGL will continue to operate as an independent entity with the full support of family-owned MSC Group’s strength and scale. MSC will count on AGL as a preferred logistics partner in addition to MSC’s existing MEDLOG inland transportation and logistics business."