Rhenus Logistics has announced an agreement to acquire Italian Logistics company, Cesped, which was signed on December 17th 2018.
The acquisition, which will be formalised shortly following approval from the competent antitrust authorities, strengthens its already market-leading position in the Italian road transport market. This acquisition supports Rhenus’ continued development of its European Roadfreight network.
Guido Restelli, Managing Director of Rhenus Logistics Italy, commented: “The meeting of two family businesses in this way offers great potential for further developments and for new opportunities for customers.”
Giorgio Flego, Managing Director of Cesped, continued: “As a family business, we are happy to be included in the Rhenus family.”
With an extensive heritage in the region, Cesped will retain its easily recognisable branding in the areas in which it operates.