Milan, 15 April 2008 - CEVA Logistics, one of the leading supply chain companies in the world, decided to reinforce its position as leader in the Italian logistics market and today announced the acquisition of SPEDIMACC, a company that was founded in 1974 and has been a division of TNT Express since 1998. SPEDIMACC is a leading force in the technical courier sector with regard to both its market share and quality offered. This sector requires special installation skills before and/or after transportation.
SPEDIMACC's turnover for 2007 was 17 million euro. An increase of more than 50% is expected in the next few years thanks to the synergy that will result from collaboration with the CEVA Group and to the rise in demand for those "premium content services" that SPEDIMACC is capable of providing.
SPEDIMACC provides an integrated management system in relation to the whole logistics line, from pre-installing products on their premises to installing them at the destination. The articles are put in working order and are rendered operative directly in the "hands" of the end user. The proposed solutions are applied in the electronics, IT, electromedical and banking sectors.
CEVA's performance excellence is unquestionable in the high-tech sector, and this acquisition increases its operating capacity and completes its portfolio of services concerning current and future customers.
Furthermore, CEVA reinforces its presence in Italy by way of logistics centres with a combined space of 30,000 sqm strategically placed around Italy and a dedicated network of approximately 100 specialised vehicles that are occupied with premium content deliveries on a daily basis.
"CEVA is the first multinational company in the logistics sector to make this choice, thus confirming our desire to innovate and our excellent operating standard," commented Gianfranco Sgro, President and Managing Director of CEVA Logistics for the SEMEA area. "SPEDIMACC's credibility and reputation allow us to further reinforce our commitment to helping our customers grow and develop with as much efficiency as possible".
Operation is under approval by Antitrust Authority.
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