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Ceva to buy project forwarder Fagioli

[ December 15, 2025   //   ]

CMA CGM’s Ceva Logistics arm has signed a share purchase agreement to acquire 100% of Italy-headquartered project forwarder Fagioli Group, subject to regulatory approvals.

Ceva Logistics already has over 1,000 project logistics experts around the world and the acquisition will add about 450 employees from Fagioli Group, including more than 40 specialized engineers working in technical operations and management roles.

 Ceva Logistics aid that adding Fagioli’s capabilities would allow it to offer end-to-end solutions, from the design phase to the freight forwarding and transport to the complex delivery and installation operations. The project logistics specialist’s global operations would support CEVA’s business especially in Europe, Asia Pacific and North America thanks to its direct customer relationships with engineering, procurement and construction (EPC) companies and industrial customers.

Private equity firm QuattroR is currently the largest shareholder of Fagioli Group, while the remaining shares are held by the family of its long-time chairman, Alessandro Fagioli. The company had revenues of €216 million in 2024.

Fagioli Group’s owned and leased assets include crawler and gantry cranes, tower systems, strand jacks, self-propelled modular transporters and trailers, barges and ballasting pumps,

Fagioli’s technical capabilities are expected to complement CEVA’s project logistics activities under the CEVA Almajdouie Logistics joint venture announced in October 2024 in Saudi Arabia and would also support CEVA’s operations in East Africa following its 2022 acquisition of Spedag Interfreight.

Following Ceva’s acquisition by the CMA CGM Group in 2019, the Group has integrated logistics players including Ingram Micro’s CLS division, GEFCO, Bolloré Logistics and Borusan Lojistik in Turkey.

Ceva Logistics chief executive Mathieu Friedberg, said: “Everyone who works in project logistics knows Fagioli. Their worldwide reputation and strong company values were a major factor in our decision making. Adding their technical expertise to the Ceva team, as part of the broader CMA CGM Group, would be a significant boost for our project logistics business in offering state-of-the-art, end-to-end solutions for our customers.”

Fagioli Group chief executive, Fernando Bertoni, added: “The arrival of Ceva Logistics would provide Fagioli with superior access-to-market capabilities, a presence and local know-how in each key market around the world, as well as the necessary financial support to accelerate Fagioli’s long-term growth. In closure, my recognition goes to the hard work done by the QuattroR team over the years in repositioning Fagioli as a strong and reliable player worldwide.”

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