French maritime group submits takeover bid for Air Belgium

It offers French maritime group offer to acquire Air Belgium The airline is in judicial liquidation since September due to financial problems and under pressure from the authorities to find a buyer of its assets Writing A21 Vie, 21/03/2025 - 01:00 Air Belgium reported that the French maritime group CMA CGM presented an offer of acquisition, which will be reviewed in a Belgian court during a hearing scheduled for 27 March.

CMA CGM puts out its feelers towards Air Belgium Cargo

The Marseille-based logistics heavyweight has filed a bid to acquire Air Belgium’s cargo unit. Its advance follows the decision of a Belgian court that turned down the bid of Dutch Group Air One International Holdings and Peso Aviation headed by Dutch entrepreneur, Peter Scholten. According to local sources, the Walloon Brabant Business Court will review CMA CGM’s proposal on 27MAR25. It can be assumed that CMA CGM will emerge as the winner of t…

French maritime group submits takeover bid for Air Belgium

Air Belgium (KF, Brussels Charleroi) has confirmed that French maritime group CMA CGM submitted a takeover bid for the airline to its court-appointed administrator on March 19. The Walloon Brabant Business Court will review the new bid during a scheduled hearing on March 27, the airline said in a statement. CMA CGM is one of the world's largest shipping and logistics companies. It is 73% owned by chairman and CEO Rodolphe Saadé, a Franco-Lebanes…

CMA CGM Air Cargo eyes expansion with bid for Air Belgium - The Loadstar

CMA CGM Air Cargo has swooped in to bid for Air Belgium, after a Dutch consortium had its bid rejected by a Belgian court.  The French transport group has yet to confirm the news, but media reports indicate that a bid for the carrier’s cargo operations, name, brand, and four aircraft, has been passed to the court.  The Dutch group of Air One International Holdings and Peso Aviation, run by air cargo ... The post CMA CGM Air Cargo eyes expansion …

French container giant CMA CGM also submits takeover bid for Air Belgium

French logistics group CMA CGM, best known for its container ships, has also submitted a bid to take over cargo operations with airline Air Belgium. The cargo operations of the judicially reorganized Air Belgium were first to be taken over by Air One Belgium. But about two weeks ago, the Nivelles business court reversed that approval, although Air One is still challenging that decision. The court then gave other potential buyers until March 27th…

CMA CGM moves to take over Air Belgium’s cargo business

French liner giant CMA CGM has submitted a bid to take over Air Belgium’s cargo operations. The Marseille-based carrier’s move follows the ruling by the business court of Walloon Brabant earlier this month to revoke Air One Belgium’s takeover of Air Belgium. Air One Belgium, a consortium comprising PESO Aviation Management and Air One Holding …