CMA CGM Group will buy the majority of Ingram Micro’s Commerce & Lifecycle Services (CLS) activities, including Shipwire and the company’s technology forward logistics businesses in North America, Europe, Latin America and Asia-Pacific.
The enterprise value of the transaction, which is expected to close during the first half of 2022, is US$3 billion, according to a Share and Asset Purchase Agreement signed by both companies, while the remaining portions of the existing CLS business will be...