GEFCO, a company fully owned by PSA Peugeot Citroën has signed an agreement with the Italian fund Venice, controlled by Palladio Finanziaria, and the RP3 to fund the acquisition of their stake of 70% in the Italian Mercury, one of the largest operators in transport and distribution vehicles in Italy and abroad. The acquisition is subject to approval by antitrust authorities.
GEFCO pointed out that Mercury has a very significant global presence, especially in areas of high growth such as Mercosur, India, Southeast Asia and Central Europe in 2010 and recorded revenues of € 127 million.
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