Independent journal on economy and transport policy
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Maersk Line will yield the Mercosul Line to CMA CGM
According to the forecasts, the acquisition will be put into effect in the course of the last trimester of this year
June 13, 2017
The company of French navigation CMA CGM has signed a binding agreement with the Danish Maersk Line in order to buy the Mercosul Line, the company of Brazilian navigation of group A.P. Møller-Mærsk.
The French group has emphasized that the acquisition will allow with CMA CGM to strengthen own offer of services from and for South America and in particular in Brazil, market that a potential one of development anticipates remarkable, in particular relatively to the cabotage services and door-to-door.
The transaction is subject to the approval of the Brazilian authorities and to the completion of the acquisition of the company of German navigation Hamburg Süd by the Maersk. According to the forecasts, the transaction will be put into effect in the course of the last trimester of this year.
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