Ceva Logistics has taken another step forward in its aim to give rival Bolloré a run for its money in Africa, with a new acquisition and strategy for growth.
It has acquired a 70% stake AMI Worldwide, which operates as AMI and Manica, a company with particular focus on eastern and southern Africa, and offices in Africa-focused China and the Middle East.
The deal, noted in Ceva’s first-quarter results, was expected to …
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