Acquiring Company
CMA CGM Group
Acquired Company
FedEx Supply Chain
Marseille
MemphisTransportationSupply Chain ManagementLogisticsOil And GasTransportationE CommerceSupply Chain ManagementLogisticsDescription
CMA CGM has finalized a $1.4 billion acquisition of FedEx's logistics division. This move is part of CMA CGM's strategy to expand beyond ocean freight and enhance its land-based logistics network. The acquisition is expected to help CMA CGM compete with other major logistics providers. FedEx aims to optimize its operations and focus on core delivery services through this divestment.
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Based on deal dataFrequently asked
Who acquired FedEx Supply Chain?
FedEx Supply Chain was acquired by CMA CGM Group, based in Marseille. The deal was reported on July 1, 2026. CMA CGM Group is a global shipping and logistics company that has been operating in Morocco since 1983. CMA CGM Group is privately held and operates in Transportation.
When did CMA CGM Group acquire FedEx Supply Chain?
CMA CGM Group's acquisition of FedEx Supply Chain was reported on July 1, 2026. CMA CGM has finalized a $1.4 billion acquisition of FedEx's logistics division. This move is part of CMA CGM's strategy to expand beyond ocean freight and enhance its land-based logistics network. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does FedEx Supply Chain do?
FedEx Supply Chain is a subsidiary of FedEx Corporation specializing in logistics and supply chain solutions. It provides operations for warehousing, order fulfillment, and transportation. It is publicly traded (FDX), operating in Oil And Gas, and is based in Memphis.