GEFCO car transporter wagons, source: GEFCO

CMA CGM officially the new owner of GEFCO

Image: GEFCO

The deal is sealed. CMA CGM is acquiring nearly 100 per cent of the shares of GEFCO, the European automotive logistics leader. This was announced by the logistics giant on Friday 8 April. The acquisition has been authorised by the European Commission, but is still waiting for the license of the European Commission’s competition authority.

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Author: Steven Don

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