CMA CGM set to acquire majority stake in French last-mile logistics company - CILT(UK)
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CMA CGM set to acquire majority stake in French last-mile logistics company

04 February 2022/Categories: CILT, Industry News, Logistics & Supply Chain


The CMA CGM Group has entered into a preliminary agreement to acquire a 51% stake from the HOPPS Group in the Colis Privé Group, a specialist in home and relay parcel delivery.  

The agreement also gives CMA CGM the option of raising its interest in Colis Privé at a later date.  

Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, said: “The acquisition of a majority stake in Colis Privé is an important step in the development strategy of our logistics activities. 

“This operation will enable us to offer end-to-end logistics solutions to our e-commerce customers for whom the last mile is a critical stage. 

“By leveraging the global presence of our subsidiary CEVA Logistics, our ambition is to develop Colis Privé internationally, starting with Europe where the company is already established.” 

Completion of the deal is contingent upon clearance from the competition authorities, with the final terms subject to consultation of the various relevant employee representative bodies. 
 

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