News / CMA CGM in $3bn contract logistics boost for Ceva with Ingram Micro buy

French container shipping group CMA CGM has bolstered the contract logistics operations of 3PL subsidiary Ceva Logistics with the $3bn acquisition of a swathe of Ingram Micro’s Commerce & Lifecycle Services (CLS) activities.

The acquisition, from private equity firm Platinum Equity, comprises Shipwire, a cloud-based logistics technology platform, and its company’s technology forward logistics businesses in North America, Europe, Latin America and Asia Pacific.

The remaining portions of the CLS business will be retained by Ingram Micro.

CMA CGM claimed the deal would ...