French shipping firm CMA CGM is set to takeover CEVA Logistics after building an almost 90% shareholding in the company after a public tender launched earlier this year. When the offer was launched in January this year CEVA Logistics, which is headquartered in Baar, Switzerland, called on shareholders to decline CMA CGM’s offer of 30 Swiss Francs per share, which it said undervalued the company by a third. However the operator revealed this week that the call fell on deaf […]
Ceva Logistics has kept its drive into pharmaceuticals on the road with a renewed three-year transport and five-year warehousing deal with medical nutrition provider Nutricia.
DSV has abandoned a bid to buy CEVA Logistics, citing a lukewarm reception to its revised offer as the reason for ending its interest in the Swiss multinational.
XPO Logistics has begun managing building-product manufacturer British Gypsum’s transport requirements.