Fresh produce logistics: Italtrans acquires Frigor trasporti, after Mazzocco

Important deal in logistics for Gdo, where the Bergamo-based Italtrans group acquires the Bergamo-area Frigor trasporti (Fto) of San Paolo d’Argon (BG). The transaction – whose value has not been disclosed – was brokered by Grant Thornton financial advisory services and is aimed at strengthening Italtrans’s organisation in the management and logistics of food products at controlled temperatures.

Fresh produce for forty years

Frigor trasporti orobico, founded in 1983 by entrepreneur Gino Bellani, who will continue to be part of the shareholder structure, has in fact been operating for 40 years in the world of perishable goods: fruit and vegetables, fresh produce and ultra-fresh products in general. In 2022 it reached 20,7 million in turnover (Consodata Company Report), compared with 18,6 in 2021 and 15,8 in 2020, figures that attest to its continuous expansion. The Italtans Group, on the other hand, has 19 centres and 877 thousand square metres of logistics facilities nationwide, in 7 regions: Piedmont, Lombardy (a key area with 8 platforms), Veneto, Emilia-Romagna, Lazio, Tuscany, Basilicata and Sicily.

Seven hundred in the fleet

Its fleet consists of more than 700 company-owned vehicles, assigned to employed drivers, with the possibility of further expanding 40% by adding subcontracted vehicles: 529 refrigerated, 253 insulated, 276 multi-temperature and 92 curtain-sided vehicles (i.e. suitable for simplified opening on all three sides, for loading and unloading goods with carelli forklifts and other equipment). Founded in 1985, Italtrans, which in 2018 also acquired the refrigerated courier Mazzocco, has a turnover of more than 430 million euros and employs 1.200 direct staff and 2.300 in the related industries. “The shared values and quality standards will enable a virtuous synergy,” comments Laura Bertulessi, CEO of Italtrans. “With this acquisition, we will be able to offer further competitive advantages to current and future customers, increasing the effectiveness and scope of the solutions offered, as we continue along the path of innovation that characterises both companies.”

This article was translated from the original Italian version with the assistance of artificial intelligence. In case of discrepancies, please refer to the original Italian version.