COSCO SHIPPING and Fratelli Cosulich Acquired Italy-based Logistics Company TRASGO

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LM : Joint Venture between COSCO SHIPPING (Europe) and Fratelli Cosulich Acquires Italy-based Logistics Company TRASGO

The joint venture between COSCO SHIPPING (Europe) and Fratelli Cosulich successfully acquired TRASGO, an Italian logistics company, on January 8. This acquisition is a significant step in developing COSCO SHIPPING’s digital supply chain in Italy and Europe.

Established in 1986 in Novara, Italy, TRASGO is a leading integrated logistics company that offers comprehensive supply chain logistics services such as transportation, warehousing, customs operations, cargo handling, exhibition logistics, and installation. With its business expansion, TRASGO currently operates 14 warehouse facilities across five major regions of Italy, covering an area of 270,000 square meters. The company controls over 100 trailers, trucks, and 200 handling units. TRASGO provides various solutions for various industries, including automotive supplies, fast-moving consumer goods, electrical appliances, food and beverages, furniture, and more.

The successful acquisition of TRASGO is a crucial step for COSCO SHIPPING Europe in implementing the Group’s digital supply chain development strategy and enhancing its comprehensive digital supply chain service capabilities in Europe.

With this acquisition, COSCO SHIPPING Europe aims to actively build a full-process digital supply chain service product and a green intelligent warehousing and distribution system. This move will contribute to COSCO SHIPPING’s goal of establishing itself as a world-class shipping technology enterprise.

On January 10, the Executive Vice President of COSCO SHIPPING, Mr. Lin Ji, attended the equity delivery ceremony and guided the future development of COSCO SHIPPING Europe. Relevant heads of the Strategy & Corporate Management Division and Operating Management Division of COSCO SHIPPING also attended the event.

อัพเดตข่าวสารและบทความที่น่าสนใจในอุตสาหกรรมโลจิสติกส์ก่อนใคร ผ่าน Line Official Account @Logistics Mananger เพียงเพิ่มเราเป็นเพื่อน @Logistics Manager หรือคลิกที่นี่

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Ryan Finn
Ryan is the Digital Marketing and Content Creation Manager for Trade and Logistics Siam Ltd. He provides a creative flair to the team and his resourcefulness helps to bring an imaginative improvement to both literary archetypes and online content production. A writer by day and a rider by night, when he's not composing the latest logistics news update or creating compelling copy for our clients, Ryan spends his free time travelling Thailand by motorbike.