News / CMA CGM to increase its South Pacific footprint with acquisition of Sofrana Unilines

CMA CGM has reached an agreement to acquire South Pacific container line Sofrana Unilines.

The acquisition will be concluded on behalf of the French carrier by its Australasian subsidiary, ANL, which will then merge with Sofrana to create Sofrana ANL.

Chief executive of SeaIntelligence Consulting Lars Jensen said the acquisition was in line with CMA CGM’s focus on growing regional presence through snapping up niche brands.

Mr Jensen added: “It also is another step in the consolidation among the smaller shortsea and feeder carriers globally ...