The transaction, involving CMA CGM and its affiliates, remains conditional upon required regulatory approvals and is projected to close in the third quarter of 2026.

This acquisition will enable CMA CGM to bolster its downstream market presence through the integration of Fattal Group’s well-established distribution platform, particularly across the Middle East and North Africa (MENA) region. This strategic move is aimed at enhancing the Group’s ability to deliver comprehensive supply chain solutions in closer proximity to end markets and consumers.

This acquisition marks a key milestone in our ambition to become a global leader in end-to-end logistics and supply chain solutions. Through the integration of Fattal Group’s robust distribution platform, we are expanding our downstream capabilities, bringing our operations closer to end markets and consumers.

“Together, we will leverage our complementary strengths to drive growth, deepen our footprint in fast-growing MENA markets, and deliver greater value to our customers and partners. This transaction also reflects our continued confidence in Lebanon and our commitment to supporting its long-term development," stated Rodolphe Saadé, Chairman and Chief Executive Officer of CMA CGM Group.

"After 130 years of consistent stewardship, Fattal Group's shareholders have made the decision to entrust the future of the Fattal Group to CMA CGM Group, as they are confident that CMA CGM will continue to build on Fattal Group's existing success, stay true to its mission of value creation, and ensure the long-term strength and success of the Group, its employees, its suppliers and the communities it serves," stated Caroline Fattal, Chairwoman of the Fattal Group.

This transaction underscores CMA CGM's ongoing expansion beyond ocean freight, reinforcing its position as a leading global logistics provider with a growing footprint in key emerging markets.

Resource.: https://mp.weixin.qq.com/s/SdTsQoLMHaJ7SVaUupkenw