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CMA CGM Group Acquired 25% Stake in CEVA

Tags: cma cgm


On April 20th, Cma Cgm announced their plans to acquire a stake of nearly 25% in CEVA.
Today CEVA announced that it has completed its IPO and it is therefore my pleasure to announce that the deal has been confirmed.
Over the years, CMA CGM has become a global reference in the shipping business. With this investment, Group will significantly expand their presence in the logistics market and become a major player in this sector.
This is a major strategic development for CMA CGM Group
While continuing to grow in the shipping industry, CMA CGM will build a complementary logistics offering, giving us a tools to meet their customers’ needs across the supply chain. To achieve this, teams from CMA CGM and CEVA will begin working together in the coming weeks to develop joint value offerings that will benefit our direct customers.



This post first appeared on Business Speaks, please read the originial post: here

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CMA CGM Group Acquired 25% Stake in CEVA

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