CEVA Logistics, a subsidiary of CMA CGM Group, has completed the acquisition of Ingram Micro Commerce & Lifecycle Services

Following the agreement announced on Dec. 8, 2021, the CMA CGM Group 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 American. Activities in Asia-Pacific, Mexico and Costa Rica will close in the near term.

This operation enables the CMA CGM Group to strengthen its capabilities in contract logistics and eCommerce, making CEVA Logistics, the logistics subsidiary of CMA CGM, the fourth-largest global player in contract logistics services.