30 May 2018Place:
Cesped Group, a leading transportation services provider, has purchased 100% of the shares of Nuova Transports S.p.A., a leading Italian groupage provider based in Milan.
Cesped Group is a leading Italian player in the domestic and international shipments and transports, ranking among the top 10 Italian private companies in the sector. The Group operates in the field of road, sea and air shipments through 17 shipping centers in Italy and 2 subsidiaries in Poland and Romania. In 2018, Cesped Group generates revenues in excess of 200 million euro.
With over 25 years of successful history, Nuova Transports plays a leading position in the domestic and international transportation industry, through a highly efficient network of 50 international partners able to deliver integrated transportation services to and from the major European countries. The Company operates through 4 shipping centers in Italy (Milan, Turin, Parma and Civitanova Marche) and in 2018 generates revenues in excess of 40 million euro.
CP Advisors acted as the exclusive financial advisor to Cesped Group in the acquisition of Nuova Transports S.p.A.