Bahri and Bolloré launch new JV in Saudi Arabia
Bahri and Bolloré have launched a new joint venture that will provide end-to-end logistics and supply chain management solutions to companies operating in Saudi Arabia. Headquartered in Riyadh, KSA, BahriBolloré Logistics will be 60% owned by Bahri and 40% by Bolloré.
Commenting on the joint venture launch, Abdulrahman Mohammed Al-Mofadhi, Chairman of Bahri, said: “The success of this joint venture signals the importance of collaboration in creating a wider positive impact on the sector. It is only through meaningful partnerships and a shared vision that the transportation and logistics sector can break new ground and explore new horizons of growth.”