Subscribe to Premium
Subscribe to Premium
Advanced Search
+

Comment / M&A radar: 'Golden Gefco' sale – make it the last try

AAT
By

“Auto transport firm Gefco has been put up for sale by owners Russian Railways and carmaker Stellantis in a deal expected to be worth more than 2 billion euros ($2.39 billion), people close to the matter said.” – Reuters, 23 June 2021. 

If we had to bet the house on talk that Gefco would be looking for a buyer now, we would have done so in the past two years knowing that the French 3PL had no other choices, given the ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £13.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    CMA CGM Gefco Geodis Initial public offerings IPO M&A radar Russian Railways Stellantis Takeover Talk Va va voom... Vertical consolidation Electric avenues Electric trucks Flexis Renault Volvo

    Most Read

    EXCLUSIVE: Kuehne + Nagel – new structure revealed in sea logistics

    Urgent call for breakdown of cargo onboard as General Average declared on Dali

    Resurgence of Somali pirates creates another 'danger zone' for shipping

    Flexport is 'back on track' – now it needs to start growing again

    Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker

    Boeing fails to deliver, as 12 airlines wait for 777 freighters

    'Slow season' and ocean network stabilisation easing pressure on rates

    Kuehne + Nagel reshuffles the suits – leaks, views, sights

    Sri Lanka's Hambantota begins container operations with MSC

    Vehicle imports clogging up terminals at European auto ports

    MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'

    Bottlenecks and price hikes as airlines now avoid Iran airspace

    US splashes out to grab a slice of the semiconductor manufacturing pie

    Iran may now pose a threat to multimodal supply chains via Dubai

    THE Alliance postpones relaunch of suspended Asia-USEC service

    Forwarder anger as scanner malfunctions hit Bangladesh air exports again