CEVA Logistics has completed the acquisition of CEVA Ground in China, transforming the former joint venture into a wholly owned subsidiary of the international logistics provider in the country's road transport industry.

The move is intended to solidify the company's position in China's fast evolving logistics industry, "where intense competition, market fragmentation and cost pressures have driven many road transport providers to experience service quality and reliability issues," a company statement said.

Under the original agreement with local partner Shanghai J.Y. (Group) Company, CEVA owned a 70 per cent share in CEVA Ground, and J.Y. Group owned the remaining 30 per cent.

"The acquisition of CEVA Ground places us in a strong position to deliver against our business plan for China," said Martin Thaysen, executive vice president of CEVA China.