Logistics service provider
Joint venture for general cargo and contract logistics
In future, Fercam will incorporate its Distribution (general cargo) and Logistics (contract logistics) divisions into a joint venture with Dachser under the name Dachser & Fercam Italia S.r.l..
With an 80 percent stake in the new company, Dachser is strengthening and completing its European network. The takeover is still subject to approval by the relevant competition authorities. The two divisions with 920 employees at 43 locations in Italy generated revenue of around EUR 400 million in 2022.
After Graveleau (France, 1999) and Azkar (Spain, 2013), the majority takeover of Fercam's groupage and contract logistics business is the third major acquisition that Dachser has made to expand its transport and logistics network in Europe. Dachser's European Logistics business line previously had no locations of its own in Italy, so the joint venture will not create any duplicate structures.
This article appeared in issue 8-9/23
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