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CMA CGM reinforces its global offer,
establishing a strong presence in Africa
CMA CGM announce the Completes of the acquisition of the
French Shipping Group Delmas, previously 100% held by the
bollore' Group.
Through this transaction, CMA CGM has qcquired the Delmas,
Otal, Setramar brands, a 5% share in SudCargos, and Delmas'
vessels, containers and headquarters in Le Havre.
In West Africa, CMA CGM will become Bollore' Groups partner
for inland logistics and for the network of agencies.
"Delmas is a recognized specialist in Africa and brings CMA
CGM, in addition to its 49 vessels and 140 000 containers,
its strong experience and excellent reputation in
transportation to and from West Africa." Said Rodolphe
Saade', Chief Executive Presentation CMA CGM
CMA CGM, a global carrier, seeks to build on the
complementarities of both companies' routs to develop its
network of services and its volume in Africa, notably from
Asia, the Americas, and the Indian subcontinent where CMA
CGM has a strong presence.
Alian Wils, Chief Executive Vice President CMA CGM, said
"Combining Delmas' specific focus on Africa with CMA CGM's
expertise in both the East-West and North-South routes is
logical. The geographical complementarities of this
acquisition will allow us to offer a complete range of
services to our mutual clients and to develop new regular
routes as a result of our fleet and market synergies" |
