CMA CGM Acquires Majority Stake in Santos Brasil

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.

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.

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.

Carmila Acquires 93% Stake in Galimmo SCA

July 1, 2024

Real Estate

Carmila has closed the acquisition of 93% of the share capital of Galimmo SCA for €272 million,adding a portfolio of 52 primarily north-eastern France retail assets valued at €675 million (Dec 31, 2023). The deal is immediately accretive to Carmila's EPRA NDV and recurring earnings and strengthens its partnership with Carrefour while expanding Carmila's retail property portfolio in France.

SAS (MSC) Acquires 42.06% Stake in Clasquin SA

October 9, 2024

Logistics & Distribution

SAS Shipping Agencies Services Sàrl, a subsidiary of MSC Mediterranean Shipping Company SA, completed the acquisition of 42.06% of Clasquin SA from Mr. Yves Revol and OLYMP3 at a price of EUR 142.03 per share. SAS will file a tender offer with the AMF for the remaining shares at the same price and may pursue a squeeze-out; the transaction is supported by Clasquin's CEO and other key management who committed c.8.5% of the share capital to tender into the offer.

Kraft Heinz Acquires Majority Stake in Hemmer

April 1, 2022

Food & Beverage

The Kraft Heinz Company completed the acquisition of a majority stake in Companhia Hemmer Indústria e Comércio, a 107-year-old Brazilian food company based in Blumenau, Santa Catarina. The deal—approved without restriction by Brazil's antitrust body CADE—expands Kraft Heinz's Taste Elevation platform and accelerates its growth and distribution in the Brazilian retail and foodservice channels.