Société Anonyme de Gérance et d'Armement

The Rothschild Bank founded the Société Anonyme de Gérance et d'Armement (also known by its acronym SAGA) in 1919 for the management of French state-owned ships.

In 1920, SAGA operated the coal fleet of the Compagnie des Chemins de Fer du Nord, a railway company also owned by the Rothschild group.

Acquisitions:

Subsidiaries

Between 1968 and 1982 SAGA withdrew from shipping services and now as part of Bolloré Investissement SA provides sea, air, and inland transport services.

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