CMA CGM merges multimodal subsidiaries
CMA CGM is merging subsidiaries MacAndrews and OPDR effective January 1, with the merged entity’s headquarters to be located in Hamburg.
“The union between these two companies specialized in intra-European transport enables the CMA CGM Group to strengthen its multimodal offer in Europe, particularly thanks to the complementarity of the geographical zones covered today by MacAndrews and OPDR, in order to create the sector’s leader,” CMA CGM said in a statement.
The new outfit will have a presence in 16 countries with almost 600 employees, and all jobs and services will be maintained.
CMA CGM acquired MacAndrews in 2002 and OPDR in 2015, and the merger is in line with the company’s strategy to develop its intra-regional activities.