CMA CGM is expanding further beyond its core shipping operations, having reached an agreement for a full acquisition aimed at strengthening its control over the downstream supply chain.

CEVA Logistics announced on April 14 that CMA CGM and its affiliates will acquire 100% of the equity interests in Fattal. The transaction is subject to regulatory approvals and is expected to close in the third quarter of 2026.

Founded in 1897, Fattal has evolved over its history to become one of the most significant distribution agents for globally recognized brands across the Middle East and North Africa (MENA) region. The family-owned enterprise currently operates in eight countries. The company specializes in the warehousing, promotion, and distribution of products and services for consumers, professional clients, and end-users, primarily across three major categories: consumer goods and electronics; pharmaceuticals and healthcare products; and fragrances, cosmetics, and beauty products.

With decades of accumulated expertise and a portfolio of premium international and domestic brands, Fattal has established itself as a critical partner for reaching millions of consumers throughout the MENA region.

For CMA CGM, this transaction adds a substantial last-mile delivery and regional distribution platform to its expanding logistics division, which, through its subsidiary CEVA Logistics, already encompasses ocean freight, air freight, and contract logistics services.

Rodolphe Saadé, Chairman and Chief Executive Officer of CMA CGM, stated: "This acquisition represents a key milestone in our vision to become a global leader in end-to-end logistics and supply chain solutions. By integrating Fattal's robust distribution platform, we are extending our capabilities downstream, moving closer to end-markets and consumers. Together, we will leverage our respective strengths to drive growth, deepen our presence in the fast-growing MENA region, and create greater value for our customers and partners. This transaction also reflects our continued confidence in Lebanon and our commitment to supporting its long-term development."

Caroline Fattal, Chairman of Fattal, stated: "After 130 years of continuous operation, Fattal's shareholders have decided to entrust the future of the enterprise to CMA CGM, confident in its ability to perpetuate the company's success and uphold its mission of creating value and ensuring the long-term growth and prosperity of the business, its employees, its suppliers, and the communities it serves."