French container shipping group CMA CGM has bolstered the contract logistics operations of 3PL subsidiary Ceva Logistics with the $3bn acquisition of a swathe of Ingram Micro’s Commerce & Lifecycle Services (CLS) activities.
The acquisition, from private equity firm Platinum Equity, comprises Shipwire, a cloud-based logistics technology platform, and its company’s technology forward logistics businesses in North America, Europe, Latin America and Asia Pacific.
The remaining portions of the CLS business will …
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Source: The Loadstar
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