OPDR, a major acquisition for the CMA CGM Group
France, November 26, 2014 (STAT):- CMA CGM announced the acquisition of the German company OPDR (Oldenburg-Portugiesische Dampfschiffs-Rhederei GmbH & Co. KG). The acquisition was announced on November 25th by Mr. Jacques R. Saadé announced the acquisition
Farid T. Salem,CMA CGM Group Executive Officer said, “This new acquisition reinforces the Group’s presence on the growing intra-European Short Sea transportation market. This is a continuation of our strategy to broaden our regional network, a strategy which began with the acquisition of MacAndrews in 2002. As with MacAndrews, we plan on maintaining and developing the OPDR Company, as well as creating new synergies with both MacAndrews and
the CMA CGM Group.”
OPDR and MacAndrews joint capacities will reinforce the CMA CGM Group’s intra-European offering, and its tailor made intermodal solutions.