Bolloré
| Bolloré
|
|
|---|---|
 |
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| legal form | SA |
| ISIN | FR0000039299 |
| founding | 1822 |
| Seat | Puteaux , France |
| management | Vincent Bolloré , director |
| Number of employees | 37,886 worldwide |
| sales | 8.491 billion euros (2011) |
| Branch | Transport & logistics, energy, industry etc. communication |
| Website | www.bollore.com |
Bolloré is a French conglomerate with headquarters in Puteaux , France . It was founded in 1822 by René Bolloré and at times was called Odet Cascadec Bolloré ( OCB ). The number of employees worldwide was 37,886 in 2011. In the 2011 financial year, global sales were around EUR 8.491 billion.
The current head of the company is Vincent Bolloré . His cousin Thierry Bolloré worked at the head of the automobile manufacturer Renault .
history
From 1918 to 2000 the company produced cigarette papers under the brand name OCB . This brand was then sold to the American company Republic Technologies . An explanation of the previous company name Odet Cascadec Bolloré : Odet is a river in Brittany and Cascadec is the name of a mill that was near the second plant.
Business areas
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The turnover is achieved in the fields of “transport and logistics”, “energy”, “communication” and “electricity and storage”. The main sales driver with over 50% is the “Transport and Logistics” division, which the company divides into the “Bolloré Logistics” and “Bolloré Africa Logistics” divisions. "Bolloré Logistics" is mainly active in Europe. The fast-growing "Bolloré Africa Logistics" division has its main activity in Africa and operates ports and railway lines there .
The petroleum industry is also one of the Group's fields of activity . The company is the second largest French market player in this area, which accounts for around 20% of company sales in 2016 . In Germany , the Netherlands and Switzerland , Bolloré operates 71 petrol stations that operate under the name Calpam .
In 2010 the company set up the "Communication" division. This area accounts for around 20% of the company's sales in 2016. In 2010 this proportion was still below 1%. The Havas agency , which Bolloré acquired in 2014, is an important source of revenue .
A small part of the turnover (2%) is achieved in the area of “electricity storage and solutions”. The listed Bolloret subsidiary Blue Solutions is active here. Among other things, she operates electric rental cars in various cities.
Holdings
Bolloré has interests in various other companies. There the company often takes on the role of an activist investor. The main focus of the investments is currently in the area of media. Bolloré holds over 14% of Vivendi's shares and controls the company. Bolloré is also involved in Gaumont and Big Ben Interactive . In addition to these media companies, Bolloré holds shares in Mediobanca and Generali . Bolloré also has holdings in Socfin , Socfinasa and Socinaf , which are plantation operators in developing countries.
criticism
The direct investment in palm oil plantations by the former Cameroonian state-owned company Socapalm, which is partly part of the Bolloré Group, is accelerating the destruction of the primary forest there.
Further criticism relates to the support for the establishment of the electronic electoral register LEPI in Benin in 2010. This excluded 200,000 potential voters from the presidential election on March 13, 2011 and enabled Benin President Boni Yayi to be re-elected by a narrow margin .
Bolloré is accused of land grabbing in Sierra Leone through its stake in Socfin . In a report published in February 2019, the church aid organization Bread for All accuses Socfin of having destroyed more than two dozen villages in Liberia for the expansion of rubber plantations and displaced their residents.
Individual evidence
- ^ Page d'accueil. Retrieved March 3, 2019 (French).
- ^ Portfolio of shareholdings. Accessed March 3, 2019 .
- ↑ Socfin | Socfin. Accessed March 3, 2019 .
- ↑ Jean Ziegler: We'll starve them. The mass destruction in the third world. btb, Munich 2013, ISBN 978-3-442-74717-7 , p. 247.
- ↑ Jean Ziegler: We'll starve them. The mass destruction in the third world. Munich 2013, p. 287f.
- ^ A New Report Exposes French Tycoon's Land Grave in Sierra Leone. on: oaklandinstitute.org , April 2, 2012.
- ↑ "Farmers in Liberia expelled" - Socfin raw materials group under fire. February 20, 2019, accessed March 3, 2019 .
- ↑ Rubber company sells farmers in Liberia. February 20, 2019, accessed March 3, 2019 .