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Ceva takes full control of Spanish vehicle logistics arm

[ April 28, 2023   //   ]

CEVA Logistics has taken full control of its previously 50/50 finished vehicle logistics joint venture, Bergé Gefco, buying the remaining 50% from Bergé. The transaction has gained approval from the Spanish National Markets and Competition Commission.

Bergé Gefco provides FVL solutions for the Iberian Peninsula. The business will now be integrated into CEVA’s existing operations in Spain. The acquisition includes 4.2 million sq m meters of vehicle storage space, 925 vehicle transport trucks, 160 vehicle transport wagons, 40,000 square meters of workshops, 17 logistics centers in Spain and about 700 employees. Through the acquired business, the company expects to transport 1.9 million vehicles annually.

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