The freight forwarding companies Fischer & Rechsteiner and Gimax International have signed a binding agreement for the acquisition of the company's Freight Forwarding business unit BBU logistics. In particular, the transaction provides for the transfer of activities related to the "Project Cargo" and the "Rest of the World" to Fischer & Rechsteiner, which opens a new subsidiary through this acquisition in Genoa, while the part dedicated to business with the "Countries of Latin America" was sold to Gimax International. The latter was set up ad hoc by Piero Lazzeri, managing director of the FFW branch at BCUBE and already previous partner of the historic Gimax, subsequently acquired by the same BCUBE group.

Gimax International will operate as a preferred partner of BCUBE in the freight forwarding sector, as part of a partnership formalised between the parties and based on shared objectives of growth, quality and continuity.

Following the sale, Fischer & Rechsteiner and Gimax International will take over the entire management of the former BCUBE, ensuring full business continuity and commercial. Relations with customers and with the network of agents will continue without any interruption, thanks to the support of of the same professional resources already active in the sector.

Fischer & Rechsteiner was supported by Broletto Corporate Advisory for financial advice. The legal aspects were curated by McDermott Will & Emery, while the financial due diligence activities were carried out by Nexia Audit. BCUBE has availed itself of the legal advice of Golden Share Advisor & Partners.