Geodis still on the hunt for a major acquisition, but not in France, says CEO

Amid all this forwarder M&A news of Ceva and Damco, comes confirmation that Geodis is still in the running for a big acquisition – but Ceva is still off the table.
The French media reports today that Geodis is looking for a company with an annual turnover of between €1.5bn and €2bn, which would give Geodis a stronger presence in Germany and the Netherlands.
CEO Marie-Christine Lombard said Europe must eventually become “our second …

The post Geodis still on the hunt for a major acquisition, but...

https://theloadstar.co.uk/geodis-still-hunt-major-acquisition-not-france-says-ceo/

CMA CGM replaces Ceva CFO Peter Waller with deal-broker Serge Corbel

And so it begins. The influence of CMA CGM over Ceva Logistics is starting with the news that Peter Waller, Ceva’s chief financial officer, is out. He will be replaced by CMA CGM deal-maker Serge Corbel (pictured).
It could herald the start of something else at Ceva, which has been longing for a little M&A activity.
Mr Corbel, as the company states, has been one of the “key financial architects of the growth …

The post CMA CGM replaces Ceva CFO Peter Waller with deal-broker Serge Corbel appeared...

https://theloadstar.co.uk/cma-cgm-replaces-ceva-cfo-peter-waller-deal-broker-serge-corbel/

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