Contract Logistics

CEVA Logistics Begins Trading on SIX Swiss Exchange

CEVA Logistics Begins Trading on SIX Swiss Exchange
Logistics Manager

One of the world’s leading Logistics and Supply Chain management companies CEVA recently celebrated their first day of trading for their shares in Zurich’s SIX Swiss Exchange. The day of trading was opened with the traditional ringing of the bell.

Xavier Urbain CEO of CEVA was accompanied by members of the CEVA team along with SIX Exchange executives to celebrate the company’s launch on SIX.

Mr. Urbain said, “We are proud to open this new chapter for CEVA which builds on the transformation that the company has undergone over the last four years. CEVA has successfully repositioned itself among the top third-party logistics providers through its global presence, end-to-end service offering in contract logistics and freight forwarding, its balanced blue-chip customer portfolio and its strong solution capabilities,”

He further added, “Our aim was to raise 1.2 Bn CHF through the all-primary IPO to strengthen the balance sheet of our company – this objective is 100% achieved.  It unlocks additional growth potential with existing and new customers.”

The third largest container shipping group in the world, CMA-CGM has acquired a substantial stake in CEVA Logistics as a part of this IPO.

Mr. Urbain concluded with, “Having CMA-CGM on board as a shareholder is a sign of confidence and opens up new perspectives for us in the development of complementary services that meet the growing customer demand for integrated end-to-end solutions and one-stop-shop providers.  Our current relationships with customers, carriers and other business partners will remain unchanged,”

Finally adding, “Our management and 56,000 employees are fully committed to delivering on our strategy, to accelerate growth and to enhance profitability – in order to sustainably create value for our customers and shareholders.”

More in Contract Logistics

DHL Selected by Michelin Joint Venture for Synthetic Rubber Shipping Solution

DHL Selected by Michelin Joint Venture for Synthetic Rubber Shipping Solution

Logistics ManagerNovember 5, 2018
JWD Launch DG-Total Dangerous Goods Management System

JWD Launch Dangerous Goods Management System DG-Total

Logistics ManagerOctober 22, 2018
Serge Corbel to Become New CFO for CEVA Logistics

Serge Corbel to Become New CFO for CEVA Logistics

Logistics ManagerOctober 11, 2018
Kuehne + Nagel Increase Indonesia Footprint with Latest Acquisition

Kuehne + Nagel Increase Indonesia Footprint with Latest Acquisition

Logistics ManagerOctober 5, 2018
The Rhenus Group Opens New Logistics Warehouse and Increases Capacity in Meerane

The Rhenus Group Opens New Logistics Warehouse and Increases Capacity in Meerane

Logistics ManagerOctober 3, 2018
DHL and IBM Release Artificial Intelligence in Logistics Report

Charles Kaufmann Appointed to Lead DHL Global Forwarding in North Asia and South Pacific

Logistics ManagerOctober 1, 2018
Tigers Expand their Network in China and Malaysia

Tigers Expand their Network in China and Malaysia

Logistics ManagerSeptember 26, 2018
DHL Supply Chain Continues to Deliver Proactive Solutions

DHL Supply Chain Continues to Deliver Proactive Solutions

Logistics ManagerSeptember 24, 2018
SEKO Logistics Appoint New CFO to Drive Global Growth

SEKO Logistics Appoint New CFO to Drive Global Growth

Logistics ManagerSeptember 4, 2018
LM is the leading source of logistics and cargo news within ASEAN and is regarded as one of the most authoritative sources of information. Our subscribers keep up to date with the latest logistics news, views, features and events within ASEAN and beyond.
AFL Real Logo

Airfreight Logistics is the air cargo professional’s number one provider of news and information in ASEAN and around the World. To keep abreast of all the latest news and for in-depth features visit our website www.airfreight-logistics.com

UpMedio

Subscribe to our newsletter!

© 2015 Logistics Manager | About Us | Advertise | Subscribe | Contact | thai Thai Version