CEVA Logistics to Expand Presence in Latin America through the Acquisition of Cargex
- Spedag Interfreight, an Africa-focused, international freight forwarding expert
- CEVA Logistics now present in 44 countries in Africa
- Acquisition advances next steps in CEVA’s Africa, global growth strategy
MARSEILLE, France – July 13, 2022 – As part of its strategic growth plan, CEVA Logistics announced today that it has closed the acquisition of Spedag Interfreight, an international freight forwarding expert covering several countries in East Africa. Today’s announcement comes after finalizing all customary closing conditions, including receiving regulatory approvals by relevant authorities. CEVA purchased the logistics entity from the M+R Spedag Group, a family-owned transport and logistics company headquartered in Switzerland.