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CEVA Logistics is a global logistics and supply chain company that operates both freight management and contract logistics.It was purchased by the CMA CGM group in 2019. Since this purchase, CMA CGM has acquired other logistics and transportation companies to merge with and develop CEVA Logistics, such as Ingram Micro Commerce & Lifecycle Services and GEFCO.
Bolloré Logistics is a transport and logistics company of CMA CGM. It offers five types of services, including multimodal transport , customs and regulatory compliance, logistics , global supply chain , and industrial projects.
One year later, CMA CGM launched a public takeover bid for the company. With this acquisition, CMA CGM creates a global transport and logistics group. Rodolphe Saadé transfers CEVA Logistics headquarters from Switzerland to France, creating 200 jobs. He inaugurates it in November 2019, in the presence of French Prime Minister Edouard Philippe. [7]
Switzerland has a large economy and highly skilled labor force. Fifteen Swiss companies are included on Fortune's "Global 500" list (in 2011).As of 2018 the largest non-financial companies in terms of annual revenue were Glencore, Vitol and Trafigura, with Nestlé as the largest employer.
PostNL N.V., commonly known as PostNL (Dutch pronunciation: [ˈpɔst ɛnˌɛl]) (formerly TNT N.V.) is a Dutch mail, parcel and e-commerce company with operations in the Netherlands, Germany, Italy, Belgium, and the United Kingdom. It provides universal delivery in the Netherlands, and is publicly listed at Euronext Amsterdam.
In March 2019, CEVA Logistics was acquired by the French group CMA CGM, the world's third-largest container transportation and shipping company, to complete its service range with activities in logistics. CEVA’s headquarters moved from Switzerland to Marseille, France. [6] In 2020, Mathieu Friedberg was appointed CEO of CEVA Logistics. [7]
Later, after Crane obtained equity backing, he initially offered $36 per-share for EGL, but Apollo then engaged in a bidding war and the shareholders eventually went with the Apollo/CEVA offer of $47.50 per share. He was opposed to the EGL and CEVA merger. [12] Crane took his profits from EGL and formed Crane Capital Group.
Ceva Inc. was created in November 2002, through the combination of the DSP IP licensing division of DSP Group (based in Israel) and Parthus Technologies plc.. Parthus was originally named Silicon Systems Ltd, and founded in Dublin, Ireland, in 1993 by Brian Long and Peter McManamon, Parthus had its initial public offering in 2000, just as the dot-com bubble was bursting in May, 2000.