Groupe Dubreuil Aéro

Market Insight: CMA CGM sprouts wings to break through the clouds

“Someone is sitting in the shade today because someone planted a tree a long time ago” – Warren Buffett.
The last Premium piece of insight for the year couldn’t be about any other hot topic than vertical consolidation.
Initial, related sea/air heavy asset appetite took off in early Q2; later morphed into Q3 fever thanks to Covid-19; and then in Q4 it turned nearly into a fully fledged obsession and depression cycle …

The post Market Insight: CMA CGM sprouts wings to break through the clouds...

https://theloadstar.com/market-insight-cma-cgm-sprouts-wings-to-break-through-the-clouds/

CMA CGM breaks into air freight with 30% stake in French airline group

CMA CGM has entered the air freight transport sector, agreeing to purchase a 30% stake in France-based Groupe Dubreuil Aéro.
CMA CGM will inject €50m ($58m) into Groupe Dubreuil Aéro’s share capital, providing the deal is cleared by regulatory authorities, and will take two seats on its board.
The two companies said the investment was prompted by Groupe Dubreuil Aéro’s need to expand its freight business, following the collapse of passenger numbers …

The post CMA CGM breaks into air freight with...

https://theloadstar.com/cma-cgm-breaks-into-air-freight-with-30-stake-in-french-airline-group/

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