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ceva

CMA to take stake in logistics giant Ceva

CMA CGM has reached an agreement to acquire a stake of nearly 25% in Ceva Logistics for between 380 and 450 million Swiss francs £276m-327.5m). The shipping line said it aimed to grow its presence in the logistics sector, a business closely related to shipping. Closing of the transaction remains subject to the completion of Ceva’s recently-announced IPO as well as regulatory approval. Ceva is the currently the fifth global player in ... [+]

Ceva to launch IPO

CEVA Logistics is to launch an initial public offering (IPO) of around 1.3bn Swiss francs (about £960m) on the Swiss SIX Exchange. It said the objective was to accelerate the company’s growth and margin expansion strategy by strengthening the balance sheet. CEVA expects to list in the second quarter of ... [+]

Ceva opens Malaysia site

CEVA has officially opened a new multi-user site in Penang, Malaysia. Situated within the Bayan Lepas Free Industrial Zone Phase IV, the 70,000 sq ft facility is close to Penang International Airport and Penang Bridge, connecting the island to mainland Malaysia. It will house under one roof CEVA's contract logistics ... [+]

Ceva resites Spanish HQ

Ceva Logistics has relocated its Iberia cluster's head office to a new site in the Coslada área of Madrid, south of the city's Barajas Airport.  The three storey building hosts all back office employees and special teams departments and the facilities include a 2,600sq m warehouse that will be used ... [+]

New UK boss in Ceva driving seat

Ceva Logistics has appointed Eddie Aston as managing director, UK, Ireland and Nordics. He joins Ceva from van hire firm Northgate where he was UK Managing Director. He succeeds Michael O'Donoghue who has been promoted to head of Ceva's North America cluster. [+]

Ceva opens Spanish site

Ceva Logistics has opened a new multiuser warehouse in central Spain. The new site at Alovera, 50km north east of Madrid, includes 16,000sq m of warehousing space, and will eventually contain the operations of several customers. CEVA already has a number of other multiuser centers in Spain, including Subirats, in ... [+]

Ceva promotes two

Ceva Logistics has promoted Jérôme Lorrain (left) to chief operating officer freight management adding the responsibility for air and ocean freight to his current position as head of ground business. Michael O'Donoghue (right), currently managing director of the UK, Ireland and Nordics cluster, will be taking up the reins as ... [+]

Ceva opens Midlands medical site

CEVA Logistics has opened a refurbished 132,000sq ft facility at Redditch to customers in the healthcare sector and to bring it up to Medicines and Healthcare Products Regulatory Agency standards. Work included the addition of LED lighting as well as the installation of a heating, ventilation and air conditioning system in ... [+]

Ceva puts high tech on show

CEVA has expanded European Centre of Logistics Excellence at Ashby-de-la-Zouch, in time for the facility’s tenth birthday in the presence of key customers and suppliers. Guests and customers heard from key speakers including CEVA’s Executive Vice President in the UK, Ireland and Nordics, Michael O’Donoghue on the last decade of ... [+]

Ceva goes state-of-the-art in Dublin

Ceva Logistics has opened a 15,000sq ft temperature-controlled facility at its Dublin warehouse. The new building has been constructed as an insulated building-within-a-building on the city's airport industrial park and cater for medical products in 15-25 degrees temperature range. For medical devices and equipment which require specialist handling, the new ... [+]

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