A French court has approved the sale of Gaussin’s manufacturing subsidiary Metalliance to a Franco-American consortium led by Steve Filipov.

Gaussin has moved to try and stop a French/US joint venture led by Steve Filipov from acquiring a stock of parts and unfinished ATT tractors.

The Judicial administrator for the company has moved to appoint a Provisional Administrator after two board members attempted to oust Christophe Gaussin from the company.

Partnership will see Mi-Jack Products sell terminal tractors produced by Terberg Taylor Americas in the US.

As its commercial position unravels Gaussin has been placed in a  “safeguard procedure” by the Vesoul Commercial Court.

This is CMA CGM’s largest acquisition since its creation in 1978 and constitutes a major step in the CMA CGM Group’s logistics development strategy.

A French court has approved the sale of Gaussin’s manufacturing subsidiary Metalliance to a Franco-American consortium led by Steve Filipov.

Gaussin has moved to try and stop a French/US joint venture led by Steve Filipov from acquiring a stock of parts and unfinished ATT tractors.

The Judicial administrator for the company has moved to appoint a Provisional Administrator after two board members attempted to oust Christophe Gaussin from the company.

Partnership will see Mi-Jack Products sell terminal tractors produced by Terberg Taylor Americas in the US.

As its commercial position unravels Gaussin has been placed in a  “safeguard procedure” by the Vesoul Commercial Court.

This is CMA CGM’s largest acquisition since its creation in 1978 and constitutes a major step in the CMA CGM Group’s logistics development strategy.