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Friday, 12/01/2024, 15:00 (GMT +7)
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Cosco Shipping acquired Italian logistics company Trasgo
Cosco Shipping has just announced the acquisition of Italian logistics supply chain company Trasgo through Coscos Srl, a joint venture between Cosco Shipping Europe and Fratelli Cosulich.
Photo: Fratelli Cosulich
Established in 1981 in Novara, Trasgo with 14 warehouse facilities provides a variety of services including transportation, warehousing, customs clearance, cargo handling, trade fair logistics and warehouse management directly at the customer's premises.
“It’s time to underline that it is possible to grow together with established partners, but entrepreneurs need to be open to invest their resources. Coscos is the result of our long-standing relationship with one of our closest business partners for more than 30 years. Trasgo provides a robust response to the changing logistical needs, and innovation is enabling us to provide our customers with real solutions.”
“Trasgo has developed a lot, especially in the last fifteen years. We have made this decision, carefully evaluated and considered, because we are convinced that Coscos group, driven by the same principles and values, will be the right partner to allow Trasgo and its entire “family”the deserved further development.”
Cosco Shipping commented that this acquisition will take Cosco Shipping to a new level in developing digital supply chains in Italy and the European region.
Source: Phaata.com (via Seatrade Maritime)
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