Bolloré Logistics has completed its 100% acquisition of Lynair Logistics to expand its offering in Australia.
Adelaide-based Lynair Logistics will retain its brand name temporarily and continue its business operations as usual following the acquisition by Bolloré Logistics Australia.
Established in South Australia since 2002, Lynair Logistics specialises in air freight, ocean freight, customs clearance, global shipping, and general logistics operations.
Thibault Janssens, Chief Executive of Bolloré Logistics Pacific Region said: “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 team.”
The news follows the recent acquisition by Bolloré Logistics of shipping giant MCS in April.