Independent journal on economy and transport policy
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CMA CGM formalizes the acquisition of the logistics company GEFCO
The European Commission has provisionally authorized the operation
April 8, 2022
The French shipowning group CMA CGM has made official the acquisition of compatriot GEFCO, an operation that is has been notified to the antitrust authorities in order to approval. However, the transalpine group has announced that the European Commission, by adopting a special procedure, has already authorised with immediate effect while subjecting it to a final free that will have to come in the coming months.
Gefco specializes in automotive logistics. "With GEFCO - underlined the president and director delegate of CMA CGM, Rodolphe Saadé - our CEVA subsidiary will become the world leader in automotive logistics, after have recently expanded their capabilities in the logistics for e-commerce with the acquisition of Ingram Micro CLS» ( of 9 December 2021).
GEFCO, which has been active for more than 70 years, is present in 47 countries and employs about 11,500 people, of of which over 2,500 in France. In the first half of last year the company recorded revenues of 2.18 billion euros, in growth of +25.6% on the same period of 2020 ( of 22 October 2021).
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The French shipowning group CMA CGM has made official the acquisition of compatriot GEFCO, an operation that is has been notified to the antitrust authorities in order to approval. However, the transalpine group has announced that the European Commission, by adopting a special procedure, has already authorised with immediate effect while subjecting it to a final free that will have to come in the coming months.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
