Ex-TNT Logistics boss to head up Palletways Italian acquisition
Palletways Europe Ltd has acquired the Italian operation it licensed out in 2002. The development forms part of Palletways strategy to provide a dedicated and integrated pan-European network for the express delivery of small consignments of palletised freight and now means that the company controls all its networks in the UK and mainland Europe, which today comprise some 250 plus depots and 8 hub facilities, handling circa 20,000 pallets every day.
Palletways Italia now has over 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 hub, which will accommodate future growth in volumes. The 15,000 sq metre hub facility will be fully operational by early next year and will be designed to handle express deliveries across Italy and to other parts of Europe served by Palletways.
Said James Wilson, Chief Executive of Palletways: "This acquisition further reinforces our position as Europe's largest network for the express delivery of small consignments of palletised freight and supports our expansion plans to create the first pan-European operation of its kind.
"We place considerable importance on the Italian market, and in addition to the new hub development, we are in the process of linking internationally the Palletways Italia operation with our other networks, covering the Benelux region, Denmark, France, Germany, Switzerland and the UK, to enable cross border deliveries between Italy and these countries. In the near future the Italian network will also be integrated with our operation in Spain, which was launched last year."
Palletways Europe Ltd has appointed Roberto Rossi and Bernardo Cammarata as Chairman and General Manager of Palletways Italia respectively. Rossi was previously President of TNT Traco, in Italy and more recently Chief Executive of TNT Logistics. Cammarata held senior operations posts for both TNT and DHL. Dr Antonio Giambrone has also been appointed as Director of Finance.