CMA CGM Is Buying Lebanon's Fattal Group

CMA CGM , one of the world's largest shipping and logistics companies, has announced it will acquire 100% of Fattal Group , a major Lebanese distribution company with operations across eight countries. The deal is expected to close in the third quarter of 2026, pending regulatory approvals. CMA CGM is led by Franco-Lebanese businessman Rodolphe Saadé , whose family has deep roots in Lebanon. "This transaction reflects our continued confidence in Lebanon and our commitment to supporting its long-term development," Saadé said in a statement accompanying the announcement. Who Is Fattal? Founded in Beirut more than 130 years ago, Fattal Group has grown into one of the most established distribution networks in the MENA region. It currently operates across Lebanon, Iraq, Jordan, the UAE, Algeria, Egypt, France, and Cyprus. The company manages a wide portfolio of global brands across food and beverage, pharmaceuticals, cosmetics, and electronics. Its roster includes brands such as Sony, along with luxury names like Hermès and Ruinart. Fattal handles everything from warehousing to last-mile promotion and delivery for these brands in its markets. CMA CGM's Bigger Strategy CMA CGM is no longer just a shipping company. Over the past several years, it has built a major logistics arm that spans ocean freight, air cargo, and contract logistics through its subsidiary CEVA Logistics . Acquiring Fattal is a direct extension of this strategy. By taking over Fattal's regional distribution network, CMA CGM gains the ability to move goods not just across oceans, but all the way to the shelves of local stores across the Middle East and North Africa. The company describes this as owning the journey "from port to purchase," positioning itself as a full end-to-end supply chain operator rather than just a carrier. For Lebanon, this deal carries weight beyond business strategy. CMA CGM is one of the most prominent private investors tied to the country, and this acquisition adds another layer