Norbert Dentressangle has acquired Fiege’s logistics operations in Italy, Spain and Portugal to strengthen its position in Southern Europe, in line with its development strategy.
Through this operation, the European transportation and freight forwarding company will acquire Fiege Borruso and FLI spa (Pharma) Italian operations, as well as Fiege Iberia and Fiege Iberia Operador Spanish and Portuguese operations. The Italian operations serve a wide range of industries from fast-moving consumer goods to retail, including pharmaceuticals. They specialize in logistics solutions for food, beverages and household and body care products, as well as pet food. The Iberian operations serve varied industries, including healthcare.
“This tactical operation will considerably strengthen the southern region of the European footprint of our logistics business, since Italy and Iberia are crucial geographical components of Norbert Dentressangle’s pan-European network,” said Hervé Montjotin, CEO of Norbert Dentressangle, in a written statement. “The leading market positions we are gaining and consolidating in these markets will enable us to rapidly increase critical mass in Southern Europe and to access larger business opportunities in a more systematic and successful way.”