CMA CGM’s Ceva Logistics arm has signed a share purchase agreement to acquire 100% of Italy-headquartered project forwarder Fagioli Group, subject to regulatory approvals.
Ceva Logistics already has over 1,000 project logistics experts around the world and the acquisition will add about 450 employees from Fagioli Group, including more than 40 specialized engineers working in technical operations and management roles.
Ceva Logistics aid that adding Fagioli’s capabilities would allow it to offer end-to-end solutions, from the design phase to the freight forwarding and transport to the complex delivery and installation operations. The project logistics specialist’s global operations would support CEVA’s business especially in Europe, Asia Pacific and North America thanks to its direct customer relationships with engineering, procurement and construction (EPC) companies and industrial customers.
Private equity firm QuattroR is currently the largest shareholder of Fagioli Group, while the remaining shares are held by the family of its long-time chairman, Alessandro Fagioli. The company had revenues of €216 million in 2024.
















