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CMA CGM Group finalizes the acquisition of GEFCO

CMA CGM Group finalizes the acquisition of GEFCO

Posted on 25 Jul 2022

 

Following the announcement on April 08, 2022, the CMA CGM Group has received European Union competition authorities approval and will be in a position to proceed with the integration of GEFCO into its logistics division[1]. GEFCO is a European leader in automotive logistics and will allow to strengthen the range of logistics services of DER-Trans Logistics, a subsidiary of the CMA CGM Group especially in France and the rest of Europe.

 

[1] To exception of Morocco and until local regulatory clearances are obtained

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