CEVA Logistics’ strategic expansion plan across the African continent is further gathering pace with the acquisition of ASTI Group in Morocco. CEVA Logistics and ASTI have been long-term partners for more than two decades and have delivered a range of multimodal services to customers across the North African country in that time.
Through acquiring the company, CEVA Logistics will expand its range of export capabilities, specifically reefer services – in cooperation with its parent company the CMA CGM Group, a world leader in shipping and logistics – and Contract Logistics activities in both Casablanca and the Tangiers Free Zone. The new operation will be looking to capitalise on the strength of the automotive industry in the country, a vertical in which CEVA Logistics is a market leader.
ASTI is already a top ten logistics player in the Moroccan market with almost 100 full time staff members based at the two locations which will additionally offer air, ocean, ground (domestic and international), project logistics and Customs clearance services. ASTI is a Customs clearance expert in Morocco and is fully certified with the authorities and has a direct EDI interface with Customs, said a release.