Domingo 19 de Agosto del 2018

CMA CGM buys Maersk Line's Mercosul

French conglomerate adds boxship fleet owned by Brazilian subsidiary of its Danish rival.

CMA CGM has acquired Maersk Line’s Brazilian subsidiary Mercosul Line.

The two boxship giants have entered into a binding agreement that will see the French company take control of the Brazilian outfit.
Mercosul, which operates four 2,500-teu to 2,800-teu ships, was a sales candidate for Maersk as part of its efforts to smooth the path of the Hamburg Sud takeover.
Rodolphe Saade, chief executive of CMA CGM, said: “The acquisition of Mercosul represents a milestone in CMA CGM’s development strategy in South America.
“It is a well-managed company and we will leverage this platform to expand our footprint and service offerings to and from Latin America, seizing opportunities linked to the high growth prospects in this region.
“As a result, CMA CGM will be able to propose complete door-to-door services continue providing best-in-class services to its customers.”
The two companies have decided not to disclose the price of the transaction.
Mercosul's integration into the CMA CGM network will start in the fourth quarter, when the Hamburg Sud vessels will join Maersk Line.
Soren Toft, chief operating officer (COO) at Maersk Line, said: “Mercosul is a highly respected and well-run company with an excellent fleet and customer value proposition.
“Its dedicated talents are well regarded both internally and externally.

“CMA CGM is a good fit for Mercosul and we are confident that they will continue to develop the company going forward.”

Fuente: Peru Maritimo

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