CEVA Logistics, a subsidiary of the CMA CGM Group, will strengthen its global footprint in a key market as the company announced the signing of a binding agreement to acquire 100 percent of Borusan Tedarik Zinciri Çözümleri ve Teknoloji Anonim Şirketi. The signed share transfer agreement lists a total transfer price of $440 million (USD) subject to ordinary net cash and working capital adjustments. Privately held Borusan Holding has 69.47 percent of Borusan Tedarik’s shares, while the … [Read more...] about CEVA Logistics signs deal to acquire Borusan Tedarik, expand in Turkey
CMA CGM Group
CHAMP Cargosystems selected by CMA CGM AIR CARGO to fulfil its expansion plans
CHAMP Cargosystems has signed a multi-year agreement with CMA CGM AIR CARGO, a division of CMA CGM Group, a global player in sea, land, air, and logistics solutions, for a range of services. This move is part of the airline’s expansion and growth strategy, which is enabled by CHAMP’s open and interconnected software solutions. Both CHAMP and CMA CGM AIR CARGO invested extraordinary effort to successfully deliver systems in a matter of weeks. The range of CHAMP services selected by CMA CGM AIR … [Read more...] about CHAMP Cargosystems selected by CMA CGM AIR CARGO to fulfil its expansion plans
