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Issue #586 | Latin America Trade | Canada Ports

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Latin America Trade

Canada Ports

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2014 Media Kit
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CMA CGM acquires OTAL

By: | at 08:00 PM | Channel(s): Liner Shipping  

CMA CGM has acquired Delmas, OTAL, Setramar brands, It also has a 50% stake in SudCargos and Delmas’ vessels, containers and headquarters in Le Havre.

In West Africa, CMA CGM becomes Bollor’ Group’s partner for the inland logistics and for the network of agencies.

A major player on the East-West and North-South trade routes, CMA CGM will benefit from Delmas’ commercial positioning in Africa to further develop its worldwide presence.

The synergies between the two companies, which have worked together for many years, will allow customers to benefit from a significantly extended African service network, notably from Asia, the Americas, and the Indian Sub Continent where CMA CGM is particularly strong.

Through this acquisition CMA CGM will provide customers with improved service with 244 vessels, 900,000 containers, 80 routes, more than 10,000 employees and an enlarged logistics system in West Africa.

All previous commitments between the Delmas group and its clients will be maintained.