(Tiper Stock Exchange) – CFI – Italian Railway Company has acquired 90% of the capital of Lotras, leader in the road-rail transport of food liquids, in particular wines, musts and derivatives from grape processing, thanks to the management of the most important fleet of tank wagons in the country. The the remaining 10% will be held by the De Girolamo family, historical owner of the company, with Armando De Girolamo who will maintain the position of managing director. The closing of the transaction is expected within the next third quarter.
CFI, subsidiary F2i Sgr (the main manager of infrastructure funds in Italy) through the F2i-Ania fund, is a leader in the railway and intermodal transport sector in Italy. In 2022, the companies of the CFI Group recorded a total of turnover exceeding 100 million euros. Thanks to a fleet made up of 40 locomotives and over 1,400 wagons and the employment of around 250 people, in 2022 CFI traveled just under 5 million trains/km on the national railway network, transporting goods for over 8.3 million tons .
Lotras in 2022 managed over 3 million hectoliters and about 850,000 tons of goods, registering a turnover of approximately 26 million euros.
“With this operation – he explained James DiPatrizimanaging director of CFI – our company consolidates its role as the first independent railway operator in Italy and strengthens its ability to offer the market the best logistic and intermodal solutions, thus favoring the development of freight traffic by rail, much desired also at a European level in order to combat the climate crisis. The entry of a historic, important company with an expert and capable management like Lotras into our organization will allow us to further develop our network, in particular the connections between Southern Italy, the rest of the country and Europe”.