The CMA CGM Group has finalised its acquisition of La Meridionale, a mixed-use freight and passenger shipping company based in Marseille, France.
La Meridionale currently sails on scheduled services to Corsica. The company has four Ro-Pax ferries that operate up to 13 weekly crossings between Marseille, Porto Vecchio and Ajaccio, plus connections between Marseille and Morocco.
The acquisition of La Meridionale complements the new division of the CMA CGM Group dedicated to specialised shipping operations. This division encompasses the new car carrier business, the stake in Brittany Ferries, as well as the investment in Ro-Ro shipping company Neoline.