Comment / CMA CGM set to buy FedEx Logistics to shore up ailing Ceva

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ID 57227973 © Dennis Thompson | Dreamstime.com
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(Being updated)

Happy Wednesdays!

Out y’day (30 June) on Premium’s DeskOne under ’Market, M&A’, in case you missed it:

“Just as Patrick Moebel prepares to take the helm at Ceva Logistics as new CEO starting next month, growing rumours indicate that the CMA CGM-owned 3PL is negotiating a sizeable logistics acquisition in North America –> more soon, on merit. Any deal would be aimed at rebuilding Ceva after the poor integration of Bolloré Logistics, with key executives of the acquired company having now ...

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    Ceva Logistics CMA CGM FedEx Takeover Talk Vertical consolidation