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CMA CGM Acquisition Creates Fourth-Largest Contract Logistics Player

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Ocean shipping powerhouse CMA CGM Group and Ingram Micro have signed an agreement for CMA CGM to acquire most of Ingram Micro’s Commerce & Lifecycle Services (CLS) activities, including Shipwire and the company’s technology forward logistics businesses in North America, Europe, Latin America and Asia-Pacific. The enterprise value of the transaction is $3 billion. The…

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