CMA CGM Merges Subsidiaries
French CMA CGM Group will merge its two subsidiaries MacAndrews and OPDR, specializiang in short sea transportation, effective January 1, 2018, the company said.
Following the move, the merged company will be headquartered in Hamburg and will have 595 employees, as employment in each entity will be maintained. In addition, MacAndrews will have a presence in 16 countries through 36 agencies.
“The union between these two companies specialized in intra-European transport enables the CMA CGM Group to strengthen its multimodal offer in Europe, particularly thanks to the complementarity of the geographical zones covered today by MacAndrews and OPDR, in order to create the sector’s leader,” CMA CGM said announcing the deal.
Acquired by CMA CGM in 2002, MacAndrews is the oldest shipping company in Europe. It offers rail, land and maritime transport services and is a specialist in container transport on short-sea routes as well as multimodal solutions in Europe. MacAndrews connects Great Britain, the Iberian Peninsula and Poland.
OPDR, acquired by the CMA CGM Group in 2015, specializes in intra-European short-sea transport and logistics. OPDR mainly covers Central Europe, Spain (including the Canary Islands), Portugal and Morocco.