CMA CGM completes the acquisition of CEVA Logistics

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.