Monday, January 31, 2022

CMA CGM buys 51% stake in Colis Privé Group

 The CMA CGM Group announced a preliminary agreement to acquire 51 percent stake from the HOPPS Group in the Colis Privé Group, France's leading player in deliveries to consumers.



 The agreement also gives CMA CGM the option of raising its interest in Colis Privé at a later date, according to an official statement from CMA CGM. The deal will strengthen the presence of CEVA Logistics, CMA CGM's logistics subsidiary, in e-commerce services, especially last-mile deliveries.

Read More.../www.stattimes.com

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