EXCLUSIVE: Top gun out at Ceva Logistics
Never a dull day in T&L
KNX: KEEP ON TRUCKING GM: UPGRADEPLD: BEST PERFORMER AAPL: INDONESIA BAN AAPL: FALLINGMAERSK: ANOTHER HITHLAG: NOTHING CHANGEDZIM: MORE TROUBLE FOR THE SPECULATORSCHRW: UPGRADES FROM THE BEAR CAMPPLD: PREPARED REMARKS PLD: LITTLE CHANGED AAPL: CHINA SMARTPHONE SALES PLD: TRADING UPDATEDSV: BLACKROCK HOLDING UPDATE
KNX: KEEP ON TRUCKING GM: UPGRADEPLD: BEST PERFORMER AAPL: INDONESIA BAN AAPL: FALLINGMAERSK: ANOTHER HITHLAG: NOTHING CHANGEDZIM: MORE TROUBLE FOR THE SPECULATORSCHRW: UPGRADES FROM THE BEAR CAMPPLD: PREPARED REMARKS PLD: LITTLE CHANGED AAPL: CHINA SMARTPHONE SALES PLD: TRADING UPDATEDSV: BLACKROCK HOLDING UPDATE
PRESS RELEASE
MARSEILLE, France – July 13, 2022 – As part of its strategic growth plan, CEVA Logistics announced today that it has closed the acquisition of Spedag Interfreight, an international freight forwarding expert covering several countries in East Africa. Today’s announcement comes after finalizing all customary closing conditions, including receiving regulatory approvals by relevant authorities. CEVA purchased the logistics entity from the M+R Spedag Group, a family-owned transport and logistics company headquartered in Switzerland.
Local expert in freight forwarding, key industries
Spedag Interfreight is one of the most competent and reliable logistics providers in East Africa with dedicated industry teams possessing leading expertise in relevant market verticals including energy and infrastructure, aid and relief, oil and gas, and commodities. Approximately 400 employees at 24 locations in Kenya, Uganda, Tanzania, Rwanda and South Sudan have joined CEVA as a result of the transaction’s closing.
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To read the full release, please click here.
Previously on Premium: “Ceva preps to pull the trigger“.
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