Palletways acquires Italian operation
Palletways Europe, parent company of Palletways UK, has acquired the Italian operation it licensed out in 2002.
Palletways Italia has more than 60 depots and two hub facilities in Bologna and Naples.
As part of the acquisition, Palletways has purchased land near the Bologna facility in order to construct a new 15,000 m2 hub to accommodate future volume growth. Excected to be fully operational by early-2008, the new hub facility will handle express deliveries across Italy and to other parts of Europe served by Palletways.
The acquisition forms part of Palletways’ strategy to provide a dedicated and integrated pan-European network for the express delivery of small consignments of palletised freight.
Palletways now controls all its networks in the UK and mainland Europe, which today comprise more than 250 depots and eight hub facilities, handling around 20,000 pallets a day.
According to Palletways chief executive James Wilson, the company is also in the process of linking the Palletways Italia operation with the company’s other networks covering the Benelux region, Denmark, France, Germany, Switzerland, the UK, and, later, Spain, to enable cross-border deliveries between all these countries.
Palletways Europe has appointed Roberto Rossi (ex-TNT Logistics) as chairman of Palletways Italia, Bernardo Cammarata (ex-TNT and DHL) as general manager, and Dr Antonio Giambrone as director of finance.
