Marseille - The CMA CGM Group, a leading global player in sea, land, air and logistics solutions, today announced an agreement to acquire FedEx Supply Chain, a subsidiary of FedEx Corp, at an enterprise value of $1.4 billion. The acquisition, expected to close in 2026, would nearly triple the size of the North American contract logistics operations of CEVA Logistics, a subsidiary of the CMA CGM Group.
The acquisition reinforces CMA CGM's more than 25-year commitment and investment in the United States supply chain and accelerates its strategy to provide comprehensive end-to . . .
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