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Bolloré Logistics Signs Strategic And Commercial Partnership Agreement With Balyo
Bolloré Logistics recently signed a partnership agreement with BALYO, a technological leader in the design and development of innovative robotic solutions for material handling trucks, to provide automated pallet movement for its warehouses in APAC. The agreement paved the way for an initial order contracted with BALYO to equip the Blue Hub with a "VNA" robotic truck.
As part of this collaboration, Bolloré Logistics will host BALYO's Singapore team at its B.Lab innovation center to design value-creating supply chain solutions in a variety of innovative applications, notably in the field of warehouse automation. By combining expertise and resources, Bolloré Logistics will benefit from BALYO's technological know-how, therefore accelerating its transition to robotics applied to autonomous pallet movement.
Discussions are currently in progress between the two organizations to acquire a robotic reach truck that will be introduced and put into service at the Bolloré Logistics’ Green Hub. Following this trial phase, both parties intend to launch short-term studies to determine which Bolloré Logistics sites in APAC can be equipped with BALYO solutions.
According to Pascal Rialland, CEO and Chairman at BALYO, “The signing of this partnership with Bolloré Logistics, a world leader in logistics and transportation, is a tremendous growth driver for BALYO. We are delighted to be able to support them in their automation initiative from their lab in Singapore. This leading international hub is a unique place where BALYO will be able to demonstrate the added value of its robots for specific applications. We look forward to starting our partnership with the first installation in the Blue Hub before further deployments in APAC.”
Frederic Marcerou, Managing Director of Bolloré Logistics Singapore commented: “We are very pleased to reinforce our collaboration with BALYO. This partnership is a great opportunity for both companies and will foster our mutual commitment to operational excellence. Together, we look forward to accelerating the integration of technologies in the supply chain industry and unlock growth synergies in the APAC region.”
About Bolloré Logistics
Bolloré Logistics is a major international supply chain operator and ranks among the world’s top ten transport and logistics groups with its integrated network of 600 agencies in 109 countries. Placing customers at the heart of its strategy, Bolloré Logistics is committed to designing innovative, robust and agile solutions. Through the reliable management of the entire supply chain, the company has developed a high level of resilience, enabling it to control risks by securing transport plans through alternative options and lead a continuous improvement policy over the long term while acting as an ethical and responsible player.
About BALYO
Individuals worldwide deserve enriching, creative jobs. At BALYO, we believe that pallet movements in DC and manufacturing sites should be left to fully autonomous robots. To execute this ambition, BALYO transforms standard forklifts into intelligent robots thanks to its breakthrough Driven by Balyo™ technology. Our leading geo guidance navigation system enables robots to locate their position and navigate autonomously inside buildings - without the need for any additional infrastructure. To accelerate the material handling market’s transition to automation, BALYO has entered into two global partnerships with KION (Linde Material Handling's parent company) and Hyster-Yale Group. A full range of globally available robots has been developed for virtually all traditional warehousing applications; Tractor, Pallet, Stackers, Reach and VNA-robots. BALYO and its subsidiaries in Boston and Singapore serve clients in the Americas, Europe and Asia-Pacific. The company has been listed on EURONEXT since 2017 and its sales revenue reached €21.7 million in 2020.