CMA CGM closer to full control of CEVA Logistics..??
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..
CMA-CGM launches its public tender offer for CEVA Logistics
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..