|
Acquisitions
2006 saw the integration of Delmas. The friendly bid recently made for Taiwan’s Cheng Lie Navigation and the acquisition of the Moroccan company COMANAV in 2007 reaffirmed CMA CGM’s strategic commitment to strengthening its global portfolio through targeted acquisitions.
|
-
CMA CGM consortium to buy Morocco's Comanav
"(…) Comanav has three main sectors of business: transporting passengers and freight in the Mediterranean region; managing port operations in Somaport in Casablanca; and a 20 percent stake in Tanger Med, Morocco's second largest container terminal (…)"This company is of great interest to CMA CGM's, as it will help strengthen our position in Morocco both in terms of cargo transport and port operations", CMA CGM said in a statement."
N/A,
American Shipper,
30 Mar 2007
-
CMA CGM bids for Taiwan’s CNC
"(…) This acquisition would enlarge our scope of business into the intra-Asia trading area," said Farid Salem, CMA CGM’s chief executive vice president. "The combination of CNC’s regional strength and CMA CGM’s strong global position would allow the group to offer a complete range of services to its clients. Together there will be ample opportunities to develop new routes, making use of attractive fleet and market synergies. In that process, we of course look forward to continue the cooperation with CNC’s current trading partners. (…)"
N/A,
American Shipper,
01 Mar 2007
|
|
|
|
 Back |
|
| Contact: Corporate Communication - Marseilles |
| Phone: +33 (0)4 88 91 90 00 - Email: media@cma-cgm.com |
|
|
|
|
|
|