CMA CGM Acquires Majority Stake in Santos Brasil

CMA CGM Acquires Fenix Marine Services from EQT Infrastructure for $2.3B

November 3, 2021

Logistics & Distribution

CMA CGM has agreed to acquire Fenix Marine Services from the EQT Infrastructure III fund for an enterprise value of USD 2.3 billion. Fenix operates one of the largest container terminals at the Port of Los Angeles (handling ~2.3 million TEUs annually and ~145 employees); the deal is expected to close subject to regulatory approvals.

CMA CGM Group Acquires Ingram Micro's Commerce & Lifecycle Services (CLS)

December 8, 2021

Logistics & Distribution

CMA CGM Group has signed an agreement to acquire most of Ingram Micro's Commerce & Lifecycle Services (CLS) business, including the Shipwire order-fulfillment platform, for an enterprise value of USD 3.0 billion. The transaction will be integrated with CMA CGM's subsidiary CEVA Logistics to bolster the group's contract-logistics and eCommerce capabilities, particularly across the U.S. and Europe; the CLS business reported approximately $1.7 billion revenue and ~11,500 employees in 2021.

A.P. Moller Capital Acquires 49% Stake in Mass Céréales al Maghreb

November 23, 2020

Logistics & Distribution

A.P. Moller Capital, through its Africa Infrastructure Fund 1, has acquired a 49% shareholding in Casablanca-based grain terminal operator Mass Céréales al Maghreb (MCM). The investment will support MCM's ambition to strengthen its position in Morocco and expand grain logistics capabilities across Africa, in partnership with local stakeholder HOLMARCOM.

Carmila Acquires 93% of Galimmo SCA and to Increase Ownership to 99.9%

July 1, 2024

Real Estate

Carmila announced the closing of its acquisition of 93% of the share capital of Galimmo SCA for total consideration of €272 million. The transaction was completed alongside the closing of Carrefour’s acquisition of Cora France, and Carmila also holds a put option over an additional 7% stake managed by Primonial REIM France to take its ownership to 99.9% (implying total investment of €299 million).

SAS Shipping Agencies Services Acquires 42.06% of Clasquin, Launches Tender Offer for Remaining Shares

October 9, 2024

Transportation

MSC Mediterranean Shipping Company SA subsidiary SAS Shipping Agencies Services Sàrl has completed the acquisition of 42.06% of Clasquin SA shares from Yves Revol and OLYMP at EUR 142.03 per share, subject to regulatory clearances. SAS plans to file a tender offer with France’s AMF for the remaining Clasquin shares and intends to pursue a squeeze-out if conditions are met.

Kraft Heinz Acquires Majority Stake in Hemmer

April 1, 2022

Food & Beverage

The Kraft Heinz Company completed the acquisition of a majority stake in Companhia Hemmer Indústria e Comércio, a 107-year-old Brazilian food company based in Blumenau, Santa Catarina. The deal—approved without restriction by Brazil's antitrust body CADE—expands Kraft Heinz's Taste Elevation platform and accelerates its growth and distribution in the Brazilian retail and foodservice channels.