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French firm Bolloré to invest Sh2bn in Nairobi logistics hub
Jason Reynard (right), the Bolloré Transport & Logistics CEO, East Africa Region, at a past function in Nairobi. PHOTO | FILE
Paris-headquartered Bolloré Group is set to merge its logistics business into one global entity in a move that will see it change its brand name in Kenya for the second time in four years.
Under the changes, which take effect from July 1, the firm also plans to invest Sh2.2 billion (€20 million) to create a new logistics hub in Nairobi as part of its expansion effort.