French multinational partner in Thessaloniki port enters logistics sector

French shipping giant CMA CGM, one of the partners in the consortium that recently won the concession for the Thessaloniki Port Authority (OLTh), is reportedly entering the logistics by sinking 462 million USD in order to acquire a major stake in CEVA Logistics, according to Greek daily Naftemporiki.

Specifically, CMA CGM will buy 25 percent of Netherlands-based CEVA’s shares, before its listing on a Swiss stock exchange on May.

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