QuattroR to buy into Fagioli

News-in-print 1 Aug 2017 by WCN Editorial

Milan-based fund management company QuattroR is close to taking a 49% equity holding in Fagioli Group, the family-controlled forwarding entity. The deal has been agreed in principle, with final documents expected to be exchanged imminently.

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The involvement of QuattroR will, according to Alessandro Fagioli, president of the forwarding company, strengthen Fagioli’s capital base, and provide it with funds to expand both organically and potentially through acquisitions.

Fagioli has worldwide operations, and is one of only a few companies that specialises in providing transport and logistics solutions for companies engaged in manufacturing and installing heavy plant and equipment, such as power generating equipment, reactors, bridge structures and other complex and large civilian structures. It employs approximately 500 people.

Alessandro Fagioli explained: “Our business has a high technological content and has focused in recent years on engineering know-how. We have very few rivals in the world in the field of exceptional handling and transportation, and believe QuattroR’s involvement will allow us to capture important growth opportunities, while maintaining our Italian ownership.”

For QuattroR, this latest investment fully suits its objective of supporting mainly small and medium-sized Italian companies that need some financial assistance to realise their growth opportunities.

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This complete item is approximately 300 words in length, and appeared in the August 2017 issue of WorldCargo News, on page 9. To access this issue download the PDF here.