Catania road transport and logistics new giant get to Emilia
Sicilian recently formed joint-venture NICO (Nicolosi-Nicosia) took over Transystem based in Parma after having purchased one of its areas in Ravenna, and while considering other acquisitions
The new private Sicilian logistics giant is expanding.
After less than one year since the formalization of their merger agreement, the two co-owner families Nicolosi and Nicosia expanded their company NICO S.p.A. significantly.
The company based in Catania took over Transystem S.p.A.'s entire corporate package, i.e. the logistics and non-hazardous industrial transport (including oversized loads) operator based at Parma Interport, in Bianconese.
“This is a strategic investment for NICO's objective to develop a national network as Transystem is based in a barycentre position where the North/South and Tyrrhenian Sea (Livorno-La Spezia) road axes meet. Being at the crossroads between A1 and A15 highways, Parma is an important junction also for the rest of Europe”, Managing Director Gaetano Nicolosi explained to Ship2Shore.
Founded in 1989 to provide for all logistics services (transports, warehouse management, products preparation and distribution) and with a share capital amounting to 520,000 Euro, Transystem is based in the Parma Interport, where it has its own 6,000 sqm warehouse and yards, as well as a rented 8,000 sqm covered warehouse for the logistics management of some customers. Moreover, the acquired company has two more distribution sites in Tuscany and in La Spezia, it owns a fleet of 30 units, mainly vehicles equipped with GPS to ensure control and traceability of all consignments.
The latest acquisition was carried out after another recent transaction: last month NICO took over a site in Ravenna (within Bassette area) with a 10,000 sqm yard and a 3,000 sqm covered warehouse.
“We aim at closing 2017 with a turnover amounting to 100 million Euro, and to increase it in the following years. We are currently considering other future acquisitions, and we would be pleased to assess other takeovers...” Nicolosi concluded.