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CEVA Acquires Project Specialist Fagioli

[ January 16, 2026   //   Gary Burrows ]

Third-party logistics provider CEVA Logistics said it has signed a share purchase agreement to acquire project logistics firm Fagioli Group.

CEVA said Fagioli’s “complementary capabilities” would enable CEVA to cover the entire project logistics value chain, offering solutions from early-stage development to final delivery. The transaction is subject to customary regulatory approvals.

Private equity firm QuattroR represents the largest shareholder of Fagioli Group, while the remaining shares are held by the family of its long-time chairman, Alessandro Fagioli.

With 2024 revenue of 216 million euros (US$250.8 million), Fagioli specializes in the design, engineering and execution of specialized hauling, heavy-lifting and hoisting activities required by complex project logistics operations.

Fagioli Group’s expertise in large-scale project cargo and engineering solutions would complement CEVA’s project logistics operations, which serves as a major player in freight forwarder operations, with more than 1,000 experts worldwide. CEVA will add about 450 Fagioli Group employees, including more than 40 specialized engineers working in various technical operations and management roles.

Fagioli Group’s capabilities would allow CEVA to offer end-to-end solutions, from the design phase to the freight forwarding and transport to the complex delivery and installation operations. The project logistics specialist’s global operations would support CEVA’s business especially in Europe, Asia Pacific and North America due to its direct customer relationships with engineering, procurement and construction (EPC) companies and industrial customers.

Fagioli Group also boasts thousands of owned and leased assets to support the engineered solutions proposed for customer projects, including crawler and gantry cranes, tower systems, strand jacks, self-propelled modular transporters (SPMT), self-propelled trailers (SPT), barges and ballasting pumps.

Fagioli’s technical capabilities are expected to further complement CEVA’s project logistics activities under the CEVA Almajdouie Logistics joint venture announced in October 2024 in Saudi Arabia for operations across the broader Gulf Cooperation Council (GCC) region. In addition, the move would also support CEVA’s operations in East Africa thanks to its 2022 acquisition of Spedag Interfreight.

Following closely the addition of Borusan Lojistik in Turkey last month, the purchase of Fagioli Group reaffirms the current CEVA Logistics M&A strategy of boosting its presence in strategic geographies and value-added logistics sectors. Following CEVA’s 2019 acquisition by the CMA CGM Group, the Group’s strategic logistics pillar has integrated numerous large logistics players, including Ingram Micro’s CLS division, GEFCO and Bolloré Logistics, while developing local and sector capabilities through bolt-on acquisitions and targeted joint ventures.

“Everyone who works in project logistics knows Fagioli,” said CEVA Logistics CEO Mathieu Friedberg. “Their worldwide reputation and strong company values were a major factor in our decision making.”

Tags: CEVA Logistics, Fagioli Group, QuattroR