Rail logistics company VTG expands in Italy
VTG takes over 300 wagons from Sogerent to consolidate its market position in Italy
The Hamburg-based wagon hire and rail logistics company VTG Aktiengesellschaft has enlarged its vehicle fleet. As the management announces, the company has taken around 300 wagons from the Italian competitor Sogerent, a transaction company of Sogetank. By doing so VTG is continuing its course of growth and expanding its market position in Italy. The contracting parties have agreed not to disclose the purchase price. Besides several freight wagons, the acquisition mainly involved rail tank cars for mineral oils, chemical products and compressed gases, which are hired in Italy, Switzerland and Eastern Europe. The Sogerent business will be completely integrated into VTG Italy in Milan. Dr. Heiko Fischer, CEO of VTG AG, sees a strong potential for the future in the Italian market. VTG Aktiengesellschaft is one of Europe’s leading wagon hire and rail logistics companies. The company has a worldwide wagon fleet consisting of some 50,000 wagons, with a focus on tank cars and state-of-the-art high capacity freight cars and flat cars. In addition to the hiring of wagons, the Group offers global tank container transports and comprehensive multi-modal logistics services, mainly around rail transport. Quelle: LogEastics |