Independent journal on economy and transport policy
21:02 GMT+1
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the logistic group Nippon Express buys the Italian shipment house Franco Vago
the Italian company is specialized in the shipment and logistics of the apparel heads
February 8, 2013
Nippon Express (Europe) GmbH, branch of the logistic group Japanese Nippon Express Co., has signed an agreement in order to buy the entire capital stock of the Italian shipment house Franco Vago Spa, with center to Florence, offices in Italy center-northerner and various foreign nations, between which China and the United States. The Italian company, that it is specialized in the shipment and logistics of the apparel heads, a capital of 980 thousand euros and appoint to a job almost 500 people.
The Florentine society has evidenced that "this operation represents for the Franco Vago group a large opportunity of increase and development, having become part of the Network of one of the main operators of integrated logistics world-wise, allowing it, still a time, of being reliable and competitive partner in a position to at best answering to the challenges of the total market and to the increasing requirements of own customers". Franco Vago has specified that the business summits are confirmed.
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