FM Logistic, a leading player in the transport and logistics industry, has announced an ambitious €200 million financing plan, backed by a strong banking syndicate including…
On October 10, 2024
FM Logistic, a leading player in the transport and logistics industry, has announced an ambitious €200 million financing plan, backed by a strong banking syndicate including Crédit Agricole (LCL, CA Lorraine, CA Brie Picardie, CA Alsace Vosges), Société Générale, BNP Paribas, and Crédit Mutuel-CIC.
This €200 million syndicated loan will enable FM Logistic to pursue its strategic roadmap by accelerating its international growth ambitions. The investment will primarily be directed towards strengthening the Group’s market position and exploring new development opportunities in the warehousing and transport sectors. The financing has a six-year maturity and may be extended to support the Group’s external growth objectives. It reflects not only the renewed confidence of its financial partners in its long-term strategic vision but also the resilience of its business model in today’s complex environment.
This announcement marks a significant milestone for the company, providing additional resources to meet the evolving expectations of the sector and new industry demands, positioning itself as a leader in the field.
This new syndicated financing is an excellent news for the future of our organisation, proving once again that we are at the forefront and can look to the future with confidence. Not only do we have the means to achieve our ambitions, but we also have the ability to successfully navigate into this dynamic environment thanks to proactive management and a clear strategic vision. Through its model, FM Logistic plays a key role in the economic fabric and we intend to continue to pursue our growth objectives, including external expansion, to support local regions, said Jean-Christophe Machet, CEO of FM Logistic.
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