The French shipping company CMA CGM has announced the completion of the tender offer to acquire the Dutch company CEVA Logistics, holding 97.89% of its outstanding shares. CMA CGM now has the capacity to supply all its customers around the world with a solution covering the entire supply chain, in particular LCL, airfreight, purchase order management, contract logistics and different customs clearance procedures.
“This successful transaction marks a major milestone in the history step of CMA CGM’s growth. With CEVA, CMA CGM has confirmed its position as a leading worldwide maritime transport and logistics group, supported by a team of 110,000 employees. We can now offer our customers a complete range of solutions that meet all their needs and set us apart from the competition, “ said Rodolphe Saadé, Chairman and CEO of the CMA CGM Group.