- 15 June 2020
- Transport / Logistics Services
Global third party logistics (3PL) provider CEVA Logistics has bought a controlling stake in AMI Worldwide, a 3PL company with an extensive network in Southern and East Africa.
AMI Worldwide has 1000 staff in 12 countries in Africa. CEVA Logistics is using the acquisition as a base from which to invest in other 3PLs on the continent. When the company is merged with CEVA as of July, the CMA CGM Inland Services (CCIS) network is joining the CEVA network in Mali, Burkina Faso and Ivory Coast.
CEVA Logistics is investing heavily in Africa where many economies are experiencing strong growth. It has interests in Mauritania and Ethiopia already. Providing its logistics services to the retail and consumer markets in Africa, CEVA is also linking those markets to Asia, Europe and the Americas where it also has interests.
Mathieu Friedberg, Chief Executive Officer – CEVA Logistics, stated: “Businesses across the African continent enjoy significant growth prospects and logistics solutions are crucial to materializing these opportunities, by ensuring supply chains work well and trade flows run smoothly. With our strategic, continental expansion plan, CEVA will play an integral part in supporting the continent’s socio-economic emergence, offering our customers our full range of tailored, innovative solutions along with our recognized expertise and our operational excellence. In so doing, we aim to become a leading, continent-wide market player.”