The CMA CGM Group is acquiring nearly 100% of the capital of GEFCO, a European automotive logistics provider and international expert in the multimodal supply chain.
The acquisition has been submitted to competition authorities for approval, but the European Commission authorised CMA CGM to take over the stakes of GEFCO immediately, as part of a special procedure. Hence, now the final approval is pending, which will take place in the coming months, according to the French logistics group.
GEFCO...
https://container-news.com/cma-cgm-takes-over-gefco-proceeding-with-acquisition-strategy/