News / CEVA takeover back on the table – Geodis the main contender again

© Khunaspix Dreamstime.

Several interested parties are seriously considering acquiring CEVA Logistics, according to sources across the logistics and banking industries.

Speculation over a sale has reached fever pitch – one rumoured buyer in particular is failing to fade away: Geodis.

But sources suggest that non-forwarding buyers are also interested in acquiring CEVA from its private equity owner, Apollo. However, a banking source in New York noted that private equity was unlikely to be interested, as it would be unable to refinance CEVA’s debt at much cheaper rates.

The fear ...