CMA CGM to Acquire SOFRANA Unilines

Posted by Eric Haun
Monday, October 2, 2017
CMA CGM announced it will purchase through its subsidiary, ANL, the majority of the shares in SOFRANA Unilines, a key player in the Pacific Islands regional maritime trade.
With operations in the South Pacific region for almost 50 years, SOFRANA Unilines operates directly or in partnership a fleet of 10 vessels on eight trade-lanes, servicing 21 ports in Australia, New Zealand, Papua New Guinea and the Pacific islands.
Together with CMA CGM’s ANL, who already offers 16 trade lanes servicing major ports throughout Australia, New Zealand, Papua New Guinea, North Asia, South East Asia, Indian Subcontinent and North America, the newly combined group, SOFRANA ANL will join CMA CGM’s large portfolio of regional experts: OPDR and MacAndrews in Europe, CNC in Asia. In addition, CMA CGM announced in June its project to acquire Mercosul Line to build up its operations in Brazil.
The acquisition of SOFRANA Unilines is expected to be completed by the end of October.
Categories: Container Ships Finance Logistics Mergers & Acquisitions People & Company News

Related Stories

UAE Ports Become Country's Lifeline as Gulf Trade Remains Fragile

Wittlin Named CEO of GLO Marine

CMA CGM Acquires Fattal Group

Current News

Sara Fuentes Named as President of Transportation Institute

U.S. Coast Guard Counters Maritime Threats With New Special Missions Command

UAE Ports Become Country's Lifeline as Gulf Trade Remains Fragile

Great Lakes Iron Ore Trade Increases 5.3% in April

Subscribe for Maritime Logistics Professional E‑News