Ceva Logistics

DSV takeover bid for CEVA Logistics rebuffed, but CMA CGM eyes bigger stake

CEVA Logistics has rejected an unsolicited takeover bid by Danish rival DSV worth around $2.5bn.
DSV confirmed today it had made an offer of CHF27.75 per CEVA share, which is listed on the Swiss stock exchange with a share issue of some 55m.
The offer would value its equity at just over $1.5bn – a figure that goes up to $2.5bn once CEA’s net debt of around $1bn is included. CEVA was IPO’d at CHF27.5 …

The post DSV takeover bid for CEVA Logistics rebuffed, but CMA CGM eyes bigger stake appeared...

https://theloadstar.co.uk/dsv-takeover-bid-ceva-logistics-rebuffed-cma-cgm-eyes-bigger-stake/

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/

Guillaume Sauzedde becomes new MD of Ceva’s Central & Eastern Europe cluster

CEVA Logistics has appointed Guillaume Sauzedde (pictured above) as managing director of its Central & Eastern Europe cluster.
Currently Kuehne + Nagel’s Poland managing director, Mr Sauzedde will be based in Warsaw after he takes up his position on 5 November 2018, and will report directly to CEVA chief executive Xavier Urbain.
Mr Sauzedde brings more than 20 years’ experience across the logistics industry to his new role – the last 15 of which …

The post Guillaume Sauzedde becomes new MD of...

https://theloadstar.co.uk/guillaume-sauzedde-becomes-new-md-cevas-central-eastern-europe-cluster/

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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