# CMA CGM Group to acquire most of Ingram Micro's CLS contract logistics business for $3 billion

CMA CGM Group agreed to acquire most of Ingram Micro's Commerce & Lifecycle Services (CLS) contract logistics business for $3 billion. The deal is touted as accelerating the group's supply chain capabilities in contract logistics and ecommerce expertise.

- Type: Acquisition
- Announced: 2021-12-08
- Where: United States
- Value: $3.00B
- Status: announced
- Products: contract logistics, ecommerce services
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [CMA CGM](https://endata.com/companies/8755.md) (acquirer)
- [Ingram Micro](https://endata.com/companies/59673.md) (target)

## Sources

- [mmh.com](https://www.mmh.com/topic/category/news/P2540), 2021-12-13: "Deal valued at $3 billion touted as accelerating the group's supply chain capabilities in contract logistics and ecommerce expertise"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.