Savino Del Bene S.p.A. has acquired Turkish shipping company Transocean Shipping Int'l Transport & Foreign Trade Inc. Co. to strengthen its market presence and enhance logistics solutions.

Information on the Target

Savino Del Bene S.p.A. has announced its acquisition of Transocean Shipping Int'l Transport & Foreign Trade Inc. Co., a prominent Turkish shipping company founded in 2002. Known for specializing in international shipments, Transocean has established itself as a leader in the domestic market, operating from three strategic locations—Istanbul, Izmir, and Mersin. With a skilled workforce of 60 professionals, the company primarily focuses on ocean export services, which aligns well with Savino Del Bene's logistics objectives.

The acquisition allows Savino Del Bene to enhance its logistics offerings in Turkey, a region where the company has had a significant presence since 1999. The two entities will continue to operate independently for the time being, providing an opportunity to create synergistic effects that will benefit both parties and their customer bases.

Industry Overview in Turkey

Turkey serves as a vital logistics hub, strategically positioned at the crossroads of Europe and Asia. The country plays a critical role in international shipping and trade, facilitating the movement of goods betwee