Ceva Logistics has strengthened its position in the Italian publishing market with the purchase of Transitalia. The deal - subject to the approval of the regulatory authorities in Italy - will see Ceva owning one of the main logistics services providers in Italian publishing.
Ceva already has a 70% market share in Italy's publishing sector, distributing about 70 million books a year. Transitalia posted a turnover of
around €20m (£16.7m) in 2007.
Gianfranco Sgro, president of Ceva Logistics, Southern Europe Middle East and Africa, says: "This is an acquisition of great strategic value for Ceva in the publishing sector as it enables us to consolidate our leadership position both in terms of volumes and expertise."
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