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CMA CGM to become automotive logistics leader with Gefco buy

The CMA CGM Group is to acquire nearly 100% of the capital of automotive logistics specialist Gefco. CMA CGM chairman and chief executive Rodolphe Saadé, said the move would, together with the earlier acquisition of Ceva would make the group the world leader in automotive logistics as well as reinforce its position in contract logistics. “We are creating a French leader to serve our customers around the world,” he declared. CMA CGM ... [+]

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