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CMA CGM to invest in urban logistics start up

The CMA CGM Group has announced it will support the development of Wing, a young French company offering an innovative urban logistics service for the benefit of e-commerce, by forging with it an ambitious financial, industrial and commercial partnership.

Founded in 2015 and based in Marseille, Lyon and Paris, Wing offers an urban logistics service dedicated to e-retailers. The young company is thus strengthening the omni-channel development of its more than 300 customers by optimising their e-commerce logistics.

With just a few clicks from an online platform, Wing customers see a courier show up to pick up orders sold on the Internet. These are then deposited in a logistics warehouse where they are packaged and shipped. In less than 48 hours, orders are delivered to the end customer.

Convinced of the relevance of the solution offered by Wing, the Group took a position in the company through its investment fund, CMACGM Ventures. At the same time, CEVA Logistics, a subsidiary of CMA CGM that joined the Group this year, entered into an ambitious industrial and commercial partnership with Wing. The two companies will thus implement cross-selling initiatives and CEVA Logistics will make space available to Wing in its warehouses.

“A concrete illustration of the synergies between CEVA Logistics and CMA CGM resulting from our new strategic plan, this collaboration with Wing is fully in line with Rodolphe Saadé’s ambition in favour of digital innovation. The Group also confirms its willingness to offer its customers ever more innovative services throughout the logistics chain,” Nicolas Sartini, Chief Executive Officer – CEVA Logistics said. 

“The CMA CGM Group is an undeniable asset in helping us develop a long-term vision of our service and in supporting us in our growth. Their very strong development in logistics provides us with important synergies to offer a complete and innovative service to our respective customers,” Jean-Baptiste Maillant, Founder and President – Wing said.

 

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