CEVA Logistics accelerates its expansion in Africa with the acquisition of ASTI Group

posted on 7th January 2021 by Eddie Saunders
CEVA Logistics accelerates its expansion in Africa with the acquisition of ASTI Group

CEVA Logistics’ strategic expansion plan across the African continent is further gathering pace with the acquisition of ASTI Group in Morocco. CEVA Logistics and ASTI have been long-term partners for more than two decades and have delivered a range of multi-modal services to customers across the North African country in that time.

Through acquiring the company, CEVA Logistics will expand its range of export capabilities, specifically reefer services – in cooperation with its parent company the CMA CGM Group, a world leader in shipping and logistics – and Contract Logistics activities in both Casablanca and the Tangiers Free Zone. The new operation will be looking to capitalize on the strength of the automotive industry in the country, a vertical in which CEVA Logistics is a market-leader.