The Marseille group CMA CGM will spend around 3 billion dollars to buy this American logistics company, which will have achieved a turnover of 1.7 billion this year.
CMA CGM has ample means to carry out this operation, which it will carry out using its own funds.
Driven by record sea freight prices for a year and a half, the group has never made so much money.
In the third quarter alone, it made a profit of $ 5.6 billion.
In the first half, he had earned 5.5 billion.
To read also
Rodolphe Saadé: "It is the law of supply and demand"
With this acquisition, CMA CGM will give a new dimension to its logistics subsidiary Ceva Logistics, acquired in 2019. It will become the world number four in this business where it is about helping companies choose the best way to transport their goods from the other side of the world (plane, boat, train, truck). By adding the 11,500 employees of Ingram Micro CLS, it will have 90,000 employees in 160 countries and spread over more than 1,100 sites. The American company, which generates 94% of its turnover in the United States and Europe, will enable Ceva Logistics to improve its footprint in these two territories. Something that may eventually titillate the giants of the sector: the German DHL and DB Schenker and the Swiss Kühne + Nagel.
"
Committed to offering cutting-edge end-to-end supply chain solutions, the CMA CGM group is pursuing its development strategy which is based on two solid pillars, maritime transport and logistics
," underlines its CEO, Rodolphe Saadé. .
The group is thus positioned among the world leaders in these two sectors.
CMA CGM is also pushing the focus on air freight transport: after creating its own freight company in February, it announced in November the purchase of four Airbus A350 F Cargo.