Dachser Food Logistics acquires full stake in Papp Italia
May 17, 2017: Dachser has acquired all remaining shares in Italian food logistics company Papp Italia from German co-shareholder Balthasar Papp, Munich, effective January 1, 2017. The purchase leaves DACHSER as sole shareholder in Papp Italia, which is headquartered in the northern Italian town of Pradelle di Nogarole Rocca.
Dachser is looking to significantly expand its contract logistics business in Italy over the coming years, and to continue building up its international activities.
“Businesses are supplied via the cross-docking platform, which offers a high proportion of direct deliveries - and therefore efficient handling and unbeatable delivery times,” says Alfred Miller, managing director, Dachser Food Logistics.
“It’s a solid foundation, which we hope to use to make our service even more attractive to food producers and retailers in Europe. To that end, we’ll be making significant investment in staffing and IT infrastructure over the rest of the year.”
Italy is a key player in the European food trade, both as a producer and a consumer. By increasing its import and export numbers, Dachser consolidates its role within the European Food Network.
Papp Italia will remain under the current management team. Previous co-shareholder Balthasar Papp will be withdrawing from the warehouse and groupage business in Italy to concentrate its management efforts on its own priorities, including company digitalisation.
DACHSER and Papp Italia’s collaboration in temperature-controlled food logistics between Germany and Italy began in 2010. In mid-2012, DACHSER acquired a 50-percent stake in the company. Then in 2013, along with ten other European food logistics companies, both partners were founding members of the European Food Network, which is Europe’s biggest distribution network by geographical area for the transportation of temperature-controlled foodstuffs.
Photo: (from left) Michael Schilling, COO Dachser Road Logistics; Matthias Papp, Managing Director Balth. Papp KG; Alfred Miller, Dachser Food Logistics and Maximilian Papp, Chief Financial Officer, Balth. Papp KG
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