News / Ceva narrows its focus on its core business of logistics, with CMA CGM support

“We are starting to be a normal company now,” said Xavier Urbain, CEO of Ceva Logistics, this morning.

By which he means Ceva plans to focus on its actual business, logistics, after years of refinancing, M&A talk, IPOs – and bankers’ fees.

“In the past five years we have done five refinancings,” he explained. “You must understand what that means in fees. And then the IPO.

“We didn’t have the time to focus on everything. But now we can transform in the way ...