Fnac Darty and CEVA Logistics sign agreement to create a joint venture dedicated to e-commerce logistics, SaaS Marketplace
04 Ottobre 2023 - 5:55PM
Fnac Darty and CEVA Logistics sign agreement to create a joint
venture dedicated to e-commerce logistics, SaaS Marketplace
Ivry-sur-Seine, France – October 4, 2023
Fnac Darty and CEVA Logistics sign
agreement to create a joint venture dedicated to e-commerce
logistics, SaaS Marketplace
Fnac Darty and CEVA Logistics announced today
that they have signed an agreement to establish a joint venture
with the ambition of it becoming a major European player in the
e-commerce logistics and SaaS Marketplace market.
The joint venture, based on the expertise of
Fnac Darty and CEVA Logistics, would be called Weavenn and would
offer a unique, fully integrated service combining the best
marketplace technology solutions and high-performance logistics for
multi-channel distribution. This innovative offering would meet all
the needs of e-commerce players, such as the complete management of
marketplaces, direct sales to consumers and omnichannel
delivery.
The joint venture would bring to its customers
the power and credibility of both companies: the Fnac Darty group,
with a network of nearly 1,000 shops, coupled with a proven
omnichannel model with 24 million unique monthly visitors to its
websites, and CEVA Logistics, a world leader in third-party
logistics, with a network covering more than 170 countries and an
internationally recognized fulfilment platform, Shipwire. CEVA
Logistics is a subsidiary of the CMA CGM Group.
"With over 1 billion order lines by 2022,
e-commerce has become a central part of our logistics business and
expertise. By partnering with an industry leader such as Fnac
Darty, recognized for the quality of its service to consumers, we
can create a fulfilment solution that benefits from the best
technological solutions and is capable of supporting the growth of
the market, by meeting the requirements of e-commerce sellers in
terms of efficiency, accessibility, transparency and visibility",
says Mathieu Friedberg, CEO of CEVA Logistics.
Enrique Martinez, Chief Executive
Officer of Fnac Darty, added: "More than 40 million French
people now place their trust in the Fnac Darty group, and for more
than a decade now our brands have been successfully turning the
corner on e-commerce to offer an omnichannel customer experience
that is recognized throughout the retail world. Fnac, a pioneer in
this field, launched its marketplace using its own technological
solution back in 2009. Similarly, Darty is renowned for its unique
expertise in after-sales service and has recently been recognized
for the quality of its last-mile delivery as well as its take-back
offers and its second-hand products. Joining forces with CEVA, a
world leader in logistics, means pursuing the quest for high
value-added services for our customers, which is at the heart of
our Everyday strategic plan. We are convinced that together we will
set new standards of quality and efficiency for our retail partners
and our millions of individual customers.”
This new partnership project demonstrates the
determination of the two groups to strengthen their position in a
European market that can be addressed and is valued at around 80
billion euros, with growth estimated at over 10% a year. Over the
next 5 years, the joint venture could generate sales in excess of
€200 million, with a double-digit operating margin. The envisaged
cooperation would take the form of a 50-50 joint venture between
Fnac Darty and CEVA Logistics, operational from 2024, subject to
approval by the relevant authorities.
About Fnac Darty:
Operating in 13 countries, Fnac Darty is a European leader in
the retail of entertainment and leisure products, consumer
electronics and domestic appliances. The Group, which has more than
25,000 employees, had a multi-format network of 987 stores at the
end of December 2022, and is ranked as a major e-commerce player in
France (close to 24 million unique visitors per month on average)
with its three merchant sites, fnac.com, darty.com and
natureetdecouvertes.com. A leading omnichannel player, Fnac Darty’s
revenue was around €8 billion in 2022, 22% of which was realized
online. For more information: http://www.fnacdarty.com
About CEVA Logistics:
CEVA Logistics, a world leader in third-party logistics,
provides global supply chain solutions to connect people, products
and providers all around the world. Headquartered in Marseille,
France, CEVA Logistics offers a broad range of end-to-end,
customized solutions in contract logistics and air, ocean, ground
and finished vehicle transport in 170 countries worldwide thanks to
its approximately 110,000 employees at more than 1,300 facilities.
With pro forma 2022 revenue of US$18.7 billion, CEVA Logistics is
part of the CMA CGM Group, a global player in sea, land, air and
logistics solutions.
CONTACTS
ANALYSTES / INVESTISSEURS |
Domitille Vielle |
domitille.vielle@fnacdarty.com+33 (0)6 03 86 05 02 |
Laura Parisot |
laura.parisot@fnacdarty.com+33 (0)6 64 74 27 18 |
|
|
|
PRESSE |
Audrey Bouchard |
audrey.bouchard@fnacdarty.com+33 (0)6 17 25 03 77 |
Benoit David |
benoit.david@fnacdarty.com+33 (0)6 59 68 98 76 |
|
Walter Dussaucy |
walter.dussaucy@cevalogistics.com+33 (0)6 26 40 22 08 |
|
Ryan Fisher |
ryan.fisher@cevalogistics.com+33 (0)6 03 64 72 53 |
- 20231004_Fnac Darty CEVA.vf.eng
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