In 2012, French container shipping company group CMA CGM sold Ponant to Bridgepoint. Following Bridgepoint’s acquisition, Ponant’s sales doubled to €140 million and its profits tripled plus the company replaced two older vessels.

The company has now been acquired by Artemis, chaired by François-Henri Pinault, who is the controlling shareholder of the Kering group whose assets include the fashion brands Gucci and Saint-Laurent, auction house Christie’s and Bordeaux wine estate Chateau Latour. This is the first cruise company acquisition by Artemis.

PhotoTransport

Comments

Sorry, comments are closed for this item

Up next

Container News - October 2015

In 2012, French container shipping company group CMA CGM sold Ponant to Bridgepoint. Following Bridgepoint’s acquisition, Ponant’s sales doubled to €140 million and its profits ...

Related articles