Shipping Giant CMA CGM Just Acquired Fattal Group

CMA CGM Fattal Lebanon 961

Shipping giant CMA CGM is set to acquire 100% of Fattal Group, in a major deal involving one of Lebanon’s biggest homegrown companies.

Founded over 130 years ago, Fattal has grown from a family business into a powerhouse operating across eight countries.

Today, it stands as one of the region’s leading distribution platforms, spanning everything from consumer goods and electronics to pharmaceuticals and cosmetics.

Chances are, you’ve used something it distributes.

The group handles a long list of global brands, including Jack Daniel’s, Bacardi, Grey Goose, Corona, Oreo, Kraft, Calvin Klein, Guess, Roberto Cavalli, Dettol, Johnnie Walker, Lindt, Listerine, Oral-B, PlayStation, Hermès, Evian, Tylenol, Lipton, Unilever, Johnson & Johnson, and many more.

On the other side, CMA CGM, founded by Jacques Saadé and now led by Rodolphe Saadé, has grown into the world’s 3rd-largest shipping company.

What started as a single Mediterranean line now spans 420 ports across 177 countries, with a fleet of more than 650 vessels.

The group has also been doubling down in Lebanon. It secured a 10-year deal in 2022 to manage the container terminal at the Port of Beirut, with a $33 million investment to upgrade it. It also owns the container terminal at the Port of Tripoli and operates a 20,000 sqm logistics warehouse in the Bekaa.

It even acquired Al Rifai from Fattal back in 2022.

The deal is expected to close in Q3 2026, pending regulatory approval.

It’s a big moment, not just for the companies involved, but for Lebanon’s business landscape, with a global player founded and operated by a Lebanese family now acquiring one of Lebanon’s most established names.

The post Shipping Giant CMA CGM Just Acquired Fattal Group appeared first on 961.

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