CMA CGM acquires US logistics company with a value of three billion dollar

The world's third largest container shipping company CMA CGM continues its strategic commitment to build a global logistics business with the acquisition of a large US logistics company with revenue of USD 1.7 billion and 11,500 employees.

Photo: PR / CMA CGM

The world's third largest container shipping company CMA CGM builds on the growing logistics business, taking over US-based Ingram Micro's Commerce & Lifecycle service business (CLS) in a large billion-dollar trade.

The acquisition includes a number of logistics business areas within e-commerce in the US and European markets in particular, according to a statement from CMA CGM.

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