Independent journal on economy and transport policy
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LOGISTICS
Dachser acquires the majority of Fercam's logistics and distribution activities
The joint venture Dachser & FERCAM Italia Srl has been established, with 80% and 20% stakes respectively
Kempten/Bolzano
August 23, 2023
South Tyrolean Fercam to relocate its divisions
Distribution and Logistics to the new joint venture Dachser &
FERCAM Italia Srl, which will be 80% owned by the German
Dachser owns 20% of the Bolzano-based company. The agreement between the two
company expects the relocation of the two divisions, which
employ around 920 people in 43 locations in Italy and in 2022
generated a turnover of around €400 million,
by the end of the year.
From the beginning of 2024, the joint venture will operate as a
independent company and will report directly to
Alexander Tonn, Operations Manager Road Logistics at Dachser,
while the operational activities of national groupage and
as well as logistics in Italy will continue to
be led by the director of Fercam, Gianfranco Brillante, and the
his team.
With the acquisition of shares in both divisions, Dachser
has committed to continuing to invest sustainably
in Italian sites. Until now, the German company did not have any locations
in Italy in the European Logistics Business Line, while
in the Food Logistics Business Line, which deals with the transport and
storage of refrigerated and non-refrigerated food products
refrigerated products, the Kempten-based company is present in
Italy since 2017 with three offices and about 270 employees.
In total, Dachser employs around 32,850 people at 379 locations in
all over the world.
Fercam Transport (national and international road transport
and railway), Fercam Air & Ocean and Fercam Special Services
(art and exhibition logistics, home delivery,
relocation and removals as well as archiving and management services
documentary) as well as all the foreign companies of the group
will remain the exclusive property of Fercam Spa and
will not be transferred to the joint venture. Fercam specified that
for these sectors, it foresees in its strategic plans a massive
acceleration of growth and internationalisation, including
overseas.
"Dachser," explained the president of Fercam, Thomas
Baumgartner, justifying the decision to establish the joint venture -
is a family-run company like ours, with a strong
expansion, with similar objectives and short decision-making avenues that in the
our twenty-year partnership has been an excellent partner and
reliable for all our European distribution. Respect
At the beginning of our cooperation in 2003, however, the
market conditions have changed considerably, with an ever-increasing
greater concentration on a few European and global operators; it is
a bit like what happened in Italy in the past for the
regional operators that have gradually been replaced by
companies operating throughout the country. For this reason
We have decided to set up this joint venture exclusively for the sole purpose of
distribution and logistics, reaching a win-win situation
for all parties involved'.
"Dachser and Fercam, both family-run companies
- commented Bernhard Simon, Chairman of the Supervisory Board of
Dachser - have in common a management-oriented approach and
based on common values, ensuring sustainability
and the future of our companies for generations to come.
That is why we want to cooperate
even closer through the establishment of a joint
venture in Italy, based on a proven twenty-year
collaboration'.
Recalling Graveleau's previous acquisitions in France
in 1999 and Azkar in Spain in 2013, the director
Dachser's delegate, Burkhard Eling, pointed out that
the acquisition of a majority stake in the logistics and
Fercam's distribution is the third major acquisition of
Dachser for the expansion of its network in Europe: "It is
This, he said, is the last step in completing our
logistic-distribution network in the main European markets
continental. "Our goal remains to grow
in an organic and sustainable way. In addition, this year we have
strengthened our presence in important markets, such as the
Benelux, Australia, Japan and now Italy through
targeted acquisitions'.
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