CMA CGM Acquires FedEx Supply Chain

Renault Acquires Volvo’s Stake and CMA CGM’s Stake in Flexis

June 22, 2026

Transportation

Volvo Group, Renault Group, and CMA CGM completed a strategic change agreement affecting the ownership structure of Flexis S.A.S., the company tied to their electric commercial vehicle initiative. In the closed transaction, Renault acquired Volvo’s 45% stake and CMA CGM’s 10% stake, and Volvo will remain involved through Renault Trucks, including distribution of Flexis-developed products starting in 2027.

CMA CGM Acquires Majority Stake in Santos Brasil

April 28, 2025

Logistics & Distribution

CMA CGM Group closed the acquisition of approximately 47.9% of Santos Brasil Participações S/A from funds managed by Opportunity, bringing its total ownership in Santos Brasil to 51% (including a prior 3.1% stake). CMA CGM, via affiliate CMA Terminals Atlantic SA, will launch a mandatory tender offer for remaining shares and intends to consolidate control and pursue changes to Santos Brasil’s market listing and governance.

BlueGrace Logistics Acquires FreightCenter

January 7, 2025

Logistics & Distribution

BlueGrace Logistics, a PE-backed third-party logistics (3PL) provider, has acquired FreightCenter, a 26-year-old online transportation solutions provider. The deal will integrate FreightCenter's customers and online freight capabilities with BlueGrace's BlueShip TMS, carrier network and managed logistics services while FreightCenter continues to operate under its existing brand.

CMA CGM Group Acquires Ingram Micro's Commerce & Lifecycle Services (CLS)

December 8, 2021

Logistics & Distribution

CMA CGM Group has signed an agreement to acquire most of Ingram Micro's Commerce & Lifecycle Services (CLS) business, including the Shipwire order-fulfillment platform, for an enterprise value of USD 3.0 billion. The transaction will be integrated with CMA CGM's subsidiary CEVA Logistics to bolster the group's contract-logistics and eCommerce capabilities, particularly across the U.S. and Europe; the CLS business reported approximately $1.7 billion revenue and ~11,500 employees in 2021.

CMA CGM Acquires Fenix Marine Services from EQT Infrastructure for $2.3B

November 3, 2021

Logistics & Distribution

CMA CGM has agreed to acquire Fenix Marine Services from the EQT Infrastructure III fund for an enterprise value of USD 2.3 billion. Fenix operates one of the largest container terminals at the Port of Los Angeles (handling ~2.3 million TEUs annually and ~145 employees); the deal is expected to close subject to regulatory approvals.

FedEx Acquires ShopRunner

December 28, 2020

E-Commerce

FedEx Corporation completed its acquisition of ShopRunner, an e-commerce platform that connects brands and merchants with online shoppers. ShopRunner will operate within FedEx Dataworks to combine its pre-purchase, data-driven marketing and omnichannel capabilities with FedEx's logistics and post-purchase services to expand FedEx's e-commerce offering.