CMA CGM Acquires Majority Stake in Santos Brasil

CMA CGM Acquires FedEx Supply Chain

July 6, 2026

Logistics & Distribution

CMA CGM Group acquired FedEx Supply Chain from FedEx Corp. for an enterprise value of $1.4 billion, integrating the business into CEVA Logistics. The completed acquisition adds nearly 10,000 team members and expands CEVA’s North American network to approximately 150 warehouses and more than 240 locations; CMA CGM and FedEx also entered into multi-year commercial agreements for ocean freight and air cargo.

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.

Carmila Acquires 93% of Galimmo SCA and to Increase Ownership to 99.9%

July 1, 2024

Real Estate

Carmila announced the closing of its acquisition of 93% of the share capital of Galimmo SCA for total consideration of €272 million. The transaction was completed alongside the closing of Carrefour’s acquisition of Cora France, and Carmila also holds a put option over an additional 7% stake managed by Primonial REIM France to take its ownership to 99.9% (implying total investment of €299 million).

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.

A.P. Moller Capital Acquires 49% Stake in Mass Céréales al Maghreb

November 23, 2020

Logistics & Distribution

A.P. Moller Capital, through its Africa Infrastructure Fund 1, has acquired a 49% shareholding in Casablanca-based grain terminal operator Mass Céréales al Maghreb (MCM). The investment will support MCM's ambition to strengthen its position in Morocco and expand grain logistics capabilities across Africa, in partnership with local stakeholder HOLMARCOM.