January 19, 2024
On January 19, it was announced that a subsidiary of Willkie client, CMA CGM S.A., made a recommended cash offer for the entire share capital of London-listed Wincanton plc, a leading supply chain partner for British business, providing supply chain solutions throughout the United Kingdom and Ireland.
The transaction values Wincanton plc at approximately £566.9 million. The acquisition by CEVA Logistics S.A. is subject to shareholder and certain regulatory approvals.
CEVA is a world leader in third-party logistics, providing global supply chain solutions to connect people, products and providers all around the world. CEVA is part of the CMA CGM Group, a global player in sea, land, air and logistics solutions, serving more than 420 ports around the world across five continents, with a fleet of around 620 vessels. CMA CGM is a provider of container shipping services around the world, a key member of the Ocean Alliance and a global port operator.
The Willkie team was led by partners Daniel Hurstel, Gavin Gordon and Gabriel Flandin, and included partners Rahul Saha and Faustine Viala, associates Nicola White, Alaric Green, Isi Ijagbone, Lachlan Johnson and Julia Radaszkiewicz, and trainee solicitor Sophie Surtees.
