Ingram Micro

CMA CGM finalises acquisition of Ingram Micro’s CLS activities

Following the agreement announced in December, CMA CGM has completed the acquisition of most of Ingram Micro’s Commerce & Lifecycle Services (CLS) business, including Shipwire and the CLS activities in North America, Europe, India, and certain countries in Latin America, while activities in Asia-Pacific, Mexico and Costa Rica will close in the near term.

The two companies signed a share and asset purchase agreement in December 2021, according to which CMA CGM will buy the majority of Ingram...

https://container-news.com/cma-cgm-finalises-acquisition-of-ingram-micros-cls-activities/

On the wires: CMA CGM’s $3bn Ingram Micro CLS buy – just a fallback?

“Acquiring US-based Ingram Micro CLS will accelerate our supply chain capabilities in contract logistics and eCommerce expertise. [It is a] Key catalyst for our subsidiary Ceva Logistics’ development in high-growth eCommerce segment, especially in US, European markets. Ceva Logistics [is set] to become the fourth-largest global contract logistics provider.” – CMA CGM announced on 8 December the acquisition, via a share and asset purchase agreement, of “most of” Ingram Micro Commerce …

The post On...

https://theloadstar.com/on-the-wires-cma-cgms-3bn-ingram-micro-cls-buy-just-a-fallback/

CMA CGM inks US$3 billion acquisition deal to form fourth largest contract logistics group

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...

https://container-news.com/cma-cgm-inks-us3-billion-acquisition-deal-to-form-fourth-largest-contract-logistics-group/

Ocean carrier CMA CGM buys Ingram Micro’s e-commerce unit for $3 billion

French ocean shipping and logistics firm CMA CGM Group said Wednesday it will acquire most of the ecommerce and life cycle unit of technology distribution giant Ingram Micro for US$3 billion, a move designed to deepen CMA CGM’s footprint in the logistics business and build end-to-end supply chain solutions for its customers.

CMA CGM said the assets will be combined with those of Ceva Logistics, the contract logistics firm it acquired in 2019. CMA CGM said it paid for the Ingram Micro assets with...

https://www.freightwaves.com/news/ocean-carrier-cma-cgm-buys-ingram-micros-e-commerce-unit-for-3-billion

Beyer, former Ingram Micro executive, tapped to run Transportation Insight, Nolan Transport

Enterprise logistics and freight brokerage firm Transportation Insight Holding Co. said Tuesday morning that it named Ken Beyer, a top executive at distribution giant Ingram Micro Inc., to the newly created CEO position, effective immediately.

Beyer will oversee Transportation Insight, LLC (TI), an enterprise logistics firm based in Hickory, North Carolina, and Nolan Transportation Group, LLC (NTG), an Atlanta-based freight broker. The two TI Holding Co. units have combined annual revenue of...

https://s29755.pcdn.co/news/beyer-former-ingram-micro-executive-tapped-to-run-transportation-insight-nolan-transport

Ingram Micro executive calls for new approach to logistics warehouse design (with video)

 The logistics warehouse of the future will be heavily automated, purpose-built for e-commerce and ready for tenants to “plug in” and go live almost immediately, a top executive for distribution giant Ingram Micro said Tuesday.

Keynoting FreightWaves’ daylong webinar on the future of logistics warehousing, Ken Beyer, executive vice president and president of commerce and life cycle services for the Irvine, California-based company, said developers must focus on building design and construction...

https://www.freightwaves.com/news/ingram-micro-executive-calls-for-new-approach-to-logistics-warehouse-design-with-video

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