The Italian Grimaldi Group, via its associated company Automar, has acquired a 50% share in Calabrian automobile terminal Gioia Tauro. Previously, BLG Logistics operated the terminal alone.
The 320,000-square-metre transshipment area for finished vehicles is Italy’s largest automobile terminal. For Michael Blach, Head of the Automobile Division of BLG Logistics, the share sale is a sign of confidence.
“We’re certain of significant growth in automobile transshipment. The Mediterranean region is set to gain in importance as a hub. With the automobile shipping line Grimaldi at our side, we’ll substantially boost activity at the terminal in Gioia Tauro,” he said.