cma cgm tower
CMA CGM's tower, and Ceva's new home Photo: Christian Richters/ Zaha Hadid

Ceva Logistics appears to be on the move, with news that the company’s global HQ is relocating to Marseille, following its acquisition by CMA CGM.

The French shipping line confirmed this morning it now holds just shy of 98% of the logistics operator and would be implementing an “ambitious” transformation plan.

Chief executive of CMA CGM Rodolphe Saade said: “This successful transaction marks a major milestone in the history of CMA CGM’s growth.

“With Ceva, CMA CGM has confirmed its position as a leading worldwide maritime transport and logistics group, supported by a team of 110,000 employees.”

It appears moving Ceva’s base from Switzerland to France is part of the transformation, although a company spokesperson refused to be drawn on this when questioned by The Loadstar.

Even so, sources close to the acquisition told The Loadstar back in February that the move was already a done deal and was merely awaiting a public announcement.

One source noted: “I did hear about possible job losses… we were also informed head office [split between Baar and Hoofddorp] will be consolidated into CMA CGM’s in Marseille.”

A statement from the French carrier noted yesterday that a Ceva “operational centre” in Marseilles would “bring together management and support functions, which would see some 200 jobs brought to the French port town, either through creation of new roles or transfer of staff.

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