Feature, Freight News, Logistics, Business, Forwarding

Ceva buys Morocco partner

[ January 7, 2021   //   ]

Ceva Logistics has acquired its long-term partner in Morocco, Asti Group. Ceva Logistics said the move would expand its export capabilities, specifically reefer services – in cooperation with its parent company the CMA CGM Group – in Casablanca and the Tangiers Free Zone.

The new operation will also be looking to capitalize on the strength of the automotive industry in the country.
ASTI has almost 100 full time staff members based at the two locations which will additionally offer air, ocean, ground (domestic and international), project logistics and Customs clearance services. ASTI offers Customs clearance has a direct EDI interface with Customs.
Ceva Logistics’ chief executive Mathieu Friedberg said “The acquisition of ASTI further enhances our standing in the African market and shows our ambition for the continent as a whole.  We believe there is enormous potential across a range of freight services and extending the CEVA brand in its own right in Morocco will set us on the road to further success.”

Asti founder and  executive Ahmed Belmrah, added: “The sale of ASTI to CEVA Logistics is the logical continuation of our historic partnership and constitutes an important step in the strategic development of CEVA Logistics in both Morocco and Africa.”