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 extended its long-running contract with appliance manufacturer Miele.
Ceva Logistics has won a five-year contract to provide a two-man home delivery service for bed manufacturer Silentnight Group. Under the deal, Ceva’s specialist home delivery unit, Ceva Home, will make over 70,000 deliveries a year, collecting mattresses and divan bases from two manufacturing sites in Lancashire and Cumbria and delivering direct to customers six days a week on behalf of national retailers. Customer deliveries will be made predominantly with 7.5 tonne vehicles and will include both assembly of new […]
CEVA Logistics saw its turnover fall by 10% last year due to the non-renewal of existing contracts.