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CEVA Logistics today announced the signing of a definitive agreement with Australian company Brambles for the sale of both its European Container Logistics business and its Asia Pacific Pallecon business, subject to typical closing conditions.

Both businesses offer a full range of IBCs for the packaging of liquid, dry products and general security use and are known for their innovation and design. Within CEVA, each business operates as a self-contained business segment, with dedicated management teams and separate systems, processes and customers.

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