Fresh produce logistics: Italtrans acquires Frigor trasporti, following Mazzocco

An important deal in logistics for GDO, with the Bergamo-based group Italtrans acquiring Frigor trasporti orobico (Fto) of San Paolo d’Argon (BG). The transaction—which was not disclosed in value—was brokered by Grant Thornton financial advisory services and is aimed at strengthening Italtrans’s assets in the management and temperature-controlled logistics of food.

Fresh produce for forty years

Frigor trasporti orobico, founded in 1983 by entrepreneur Gino Bellani, who will continue to be part of the company’s ownership structure, has in fact operated for 40 years in the world of perishables: fruit and vegetables, fresh produce and ultra-fresh products in general.

In 2022 it reached 20,7 million in turnover (Report aziende Consodata), compared with 18,6 in 2021 and 15,8 in 2020, figures that attest to its continued expansion.

The Italtans Group, on the other hand, has 19 centres and 877 thousand sq m of logistics facilities across 7 regions in Italy: 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 isothermal, 276 multi-temperature and 92 curtainsider vehicles (that is, suitable for simplified opening on all three sides for loading and unloading goods with forklift trucks and other equipment).

Italtrans, founded in 1985, and which, in 2018, also acquired the refrigerated carrier Mazzocco, has a turnover of more than 430 million euros and provides employment to 1.200 direct employees and 2.300 in its associated activities.

“The shared values and quality standards will enable a virtuous synergy,” comments Laura Bertulessi, managing director of Italtrans. “With this acquisition, we will be able to offer further competitive advantages to current and future customers, increasing the effectiveness and scale 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.