CMA CGM closer to full control of CEVA Logistics..??

shipping and freight news - shipping and freight resource

Further to launch of its public tender offer for CEVA Logistics, CMA CGM is now a step closer to gaining full control of CEVA Logistics.. It has now been confirmed that CMA CGM, the French shipping group controls 89.47% percent of the share capital and voting rights in the Swiss group Ceva Logistics according to provisional results announced on 14th March 2019..

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CMA-CGM launches its public tender offer for CEVA Logistics

CMA-CGM and CEVA Logistics - Shipping and Freight Resource

Since he took over the leadership of CMA-CGM Group in 2017 from his father Jacques Saadé, Rodolphe Saadé has made logistics a major focus of his development strategy..

As part of this strategy, in May 2018, CMA CGM confirmed its investment in CEVA Logistics, a global leading player in the logistics sector..

On the 12th of February 2019, CMA CGM launched its public tender offer for CEVA shares..

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