CEVA Logistics integrates GEFCO brand with its growingglobal business
MARSEILLE, France—The GEFCO brand built in 1949 by French automaker Peugeot is now CEVALogistics.With their integration, a dedicated Finished Vehicle Logistics (FVL) organization has been created.
The French automotive logistics specialist was acquired in July 2022 by the CMA CGM Group, a global player in sea, land, air and logistics solutions, to which CEVA Logistics belongs.
GEFCO’s remaining business, mostly in contract logistics and ground transportation, is being integrated into CEVA’s existing operations. CEVA says it plans to finish integration activities and replace the GEFCO brand worldwide in 2023.
CEVA Logistics offers a full range of global logistics and supply chain services, including contract logistics and air, ocean, ground and finished vehicle transport. With the acquisition and integration of GEFCO, CEVA is now the largest France-based logistics company and a global leader in automotive logistics solutions. The company moved its global headquarters to Marseille in 2019.
Former GEFCO COO Emmanuel Cheremetinski will lead the new product organization, leading a global team of about 4,000 employees.
GEFCO’s former FVL division transported approximately 4 million vehicles a year using its fleet of 1,600 trucks, nearly 3,000 vehicle transport wagons and more than 100 vehicle compounds. CEVA’s existing FVL solutions in limited geographies have been integrated into the new product organization.
Prior to the GEFCO acquisition, CEVA already supported 14 of the top 15 global automotive manufacturers and many global automotive parts suppliers with logistics solutions, including inbound to manufacturing, component and aftermarket services. With the addition of full vehicle distribution and transport, CEVA can offer full lifecycle solutions to the global automotive industry.
“Our promise of Responsive Logistics requires high levels of industry know-how, so we are growing in both scale and expertise to co-create value with our customers. With our new CEVA colleagues who came from GEFCO, we are able to offer extensive global capabilities to a wide range of industries, including the automotive industry. Backed by the CMA CGM Group, we expect our growth to continue as we target becoming a Top 3 global 3PL,” said Mathieu Friedberg, CEO, CEVA Logistics.
Guillaume Col, Deputy CEO, Regions and Products, CEVA Logistics,noted:“With the automotive industry undergoing significant transformation, integrating a mature finished vehicle organization puts CEVA in a very strong position. With a unique depth of expertise and solutions at all stages of the automotive supply chain, we are already developing comprehensive, end-to-end solutions for this sector.”