During a visit to Hamburg this week, CMA CGM's Jacques Saadé announced the acquisition of the German company OPDR.
OPDR, a shipping company owned by the Bernhard Schulte Group, is an expert in Short Sea Shipping and door to door logistics for North Europe, Canary Islands, the Iberian Peninsula and Morocco.
With its over 200 dedicated collaborators and its network of agencies, the company connects Europe, Scandinavia and North Africa.
'This new acquisition reinforces the Group’s presence on the growing intra-European Short Sea transportation market,' said Farid Salem, CMA CGM group executive officer. 'This is a continuation of our strategy to broaden our regional network, a strategy which began with the acquisition of MacAndrews in 2002. As with MacAndrews, we plan on maintaining and developing the OPDR company, as well as creating new synergies with both MacAndrews and the CMA CGM Group.'