Mediterranean Shipping Company (MSC) has completed another acquisition in the logistics sector. The shipowners' group, through its subsidiary Medlog Holding Italia, has obtained, with effective last July, the majority of MVN Srl, a company Milanese leader in the integrated logistics sector that manages the entire end-to-end process starting from the activities collection and storage of goods, passing through to the feeding of production lines and outbound up to the management of industrial packaging, transport and shipments and, in some cases, to the management of certain High value-added processing.

Control over the Milan company is joint since the governance and management have been fully confirmed of the company, with Enrico Bazzi, who will maintain the position of president and Claudio Gervasoni who will continue to Hold the role of CEO.

The transaction saw the purchase of joint control of MVN by Medlog Holding Italia and Logistics Project Italia, holding company that operates through a group of companies headed by to MVN of which it holds full control, with the acquisition by of Medlog with 51% of MVN's share capital.

MVN closed 2023 with a turnover of over 50 million euro and in 2024 a sales volume of about 100 euros is expected million euros. The company can count on a network of 21 logistics centres present on the national territory that cover a total area of more than 1.5 million square meters, where employing over 500 people, and has plans for future expansions in France, Germany and Saudi Arabia.

In conjunction with this acquisition, the MSC Group has made notes the establishment of the new division "Industrial logistics solutions" specially created from the experience of MVN in industrial logistics to coordinate and create new supply chain synergies for the management and handling of goods and manufactured in this particular sector, making available to the and companies that already work with MVN all the Transport possibilities managed by the Shipowners' Group: sea freight with MSC, air freight with MSC Air Cargo up to to the rail and road transport options provided by Medlog.

MSC highlighted that the transaction marks the entry of the group 'in the field of integrated industrial logistics, a a sector that requires increasingly specific and efficient services that can ensure its continuous expansion, with a turnover that is expected to reach 83 billion of euros by 2026 in the European Union alone".