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CEVA Logistics today announced the signing of a definitive agreement with Australian company Brambles Limited 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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