CEVA Logistics AG is expanding its partnership with CMA CGM S.A. by acquiring CMA CGM's freight management business, providing shareholders with an exit option while positioning the company for future growth.
Information on the Target
CEVA Logistics AG is a Swiss-based global logistics and supply chain management company, aiming to provide innovative solutions and improve operational efficiencies across various sectors. The company plays a pivotal role in the logistics landscape, offering services that encompass freight management, contract logistics, and supply chain solutions.
Recently, CEVA Logistics has made significant advancements in its strategic partnership with CMA CGM S.A., a prominent shareholder, which will enhance its operational capabilities through the integration of CMA CGM’s freight management business. This acquisition is expected to enrich CEVA's service offerings and solidify its position in the market.
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Industry Overview in Switzerland
The logistics industry in Switzerland is characterized by its highly developed infrastructure and strategic location in Europe. As a landlocked country, Switzerland boasts advanced transport networks that facilitate sea
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CEVA Logistics AG
invested in
CMA CGM's Freight Management Business
in 2018
in a Strategic Partnership deal