McDermott Advised Gefco on its Sale to CMA-CGM

Overview


Paris, 12 April 2022McDermott Will & Emery has advised Gefco, the European leader in automotive logistics and an international expert in multimodal supply chain management, on the takeover of the group by CMA CGM, the world leader in maritime transport and logistics.

On this occasion, the CMA-CGM group is taking over almost 100% of Gefco’s shares from its historical shareholders, Stellantis and Russian Railways (RZD), which is on the list of companies targeted by Western sanctions due to the war in Ukraine.

The deal has been cleared by the European Commission under a derogation procedure and final approval will be given in the coming months.

McDermott advised Gefco with a team comprised of:

  • Timothée Gagnepain, partner and Lucille Madariaga, and Anne-Sophie Diederichs, associates, in Restructuring;
  • Henri Pieyre de Mandiargues, partner, and Sofiya Kachan, associate, in Corporate;
  • Frédéric Pradelles, partner and Mary Hecht, associate, in competition law;
  • Sabine Naugès, partner, and Charlotte Michellet, associate, in public law;
  • Antoine Vergnat, partner, in tax law
  • David Levine, McDermott Washington

The firm acted alongside Darrois Villey Maillot Brochier and Willkie Farr in this transaction.