Cosco Shipping acquires Italian logistics player Trasgo

PRESS RELEASE

Cosco Shipping has announced the acquisition of Italian logistics supply chain company Trasgo via Coscos Srl, the joint venture between Cosco Shipping Europe and Fratelli Cosulich.

Established in 1981 in Novara, Trasgo with 14 warehouse facilities offers a wide range of services including transport, warehousing, customs operations, goods handling, trade fair logistics and direct management of warehouses at customer facilities.

Augusto Cosulich, chairman of Fratelli Cosulich said: “It’s time to underline that it is possible to grow together with established partners, but entrepreneurs need to be open to invest their resources. ...