M&A speculation swirls as EV Cargo unveils 'robust financial position'
EV Cargo has published improved financial results – but has remained tight-lipped about increasingly loud ...
By Alex Lennane
Outgoing chief executive of Champ Cargosystems Arnaud Lambert has denied the IT company is up for sale, despite interest in the market.
Speaking to The Loadstar last week, Mr Lambert, who leaves the company after 16 years at the end of this month, said the company’s two shareholders, Cargolux (49%) and SITA (51%) were backing the current strategy of the company.
But he said they could be open to adding new investors if it would “add something to the business”.
However, this was just ...
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