CEVA Logistics, one of the world's leading

third-party logistics companies, successfully priced its IPO and listed its

shares on the SIX Swiss Exchange, where trading commenced on 4 May 2018. With a

market capitalization of CHF 1.6 billion and generating gross proceeds of CHF

821 million, this is so far considered as the largest IPO on the SIX Swiss

Exchange for 2018. In addition, CMA CGM, the third largest container shipping

group in the world, has committed to make a strategic cornerstone investment in

CEVA Logistics by purchasing CHF 379 million of mandatory convertible

securities which will convert into shares of CEVA Logistics once certain

regulatory approvals have been obtained. Simultaneously with the IPO, CEVA

Holdings, the former holding company of the CEVA group, migrated from the

Marshall Islands to Switzerland by way of a cross-border merger with CEVA Logistic

as the surviving company.

Bär & Karrer advises CEVA Logistics in

this transaction. The team includes Thomas U. Reutter, Roland Truffer,

Alexander von Jeinsen, Daniel Raun, Joanna Long, Stefanie Walch, Manuela

Cassano and Carlo Hunter (all Capital Markets), Michael Trippel, Michael Rohrer

and Valentina Eichin (Corporate), Dieter Dubs (Listed Companies) as well as

Susanne Schreiber, Hanna Jost and Ruth Bloch-Riemer (Tax).