CMA CGM Group, a world leader shipping conglomerate, is to purchase Turkish Botros&Levente maritime company.
Botros & Levante Taşımacılık ve Ticaret A.Ş., which is owned by the Botros family, was established as a shipping and forwarding company in the port of Mersin, Turkey, by İskender Botros during the 1950’s. The company started by transporting cotton from the surrounding region for storage in warehouses in Mersin before being loaded on to vessels for export. Over the years, the company expanded in to all types of shipping activities, with a presence in all Turkish ports. During the years from 2013 to 2016, the company was the leading corporation and income taxpayer in Mersin.
CMA CGM Group is a gloabal maritime transport and logistics company offering shipping and cargo solutions. Present in over 160 countries through 755 agencies, 750 warehouses and 110,000 employees and a diverse fleet of 509 vessels. CMA CGM serves 420 of the world's 521 commercial ports and operates on more than 200 shipping lines, and has an annual turnover of USD 23.5 billion.