Creation of a joint venture and a contract for a 12-year duration
CEVA Logistics and Emmelibri (Gruppo Messagerie) have signed a Letter of Intent to create an innovative book distribution centre at Stradella (PV). The project will be delivered through a joint venture which should be established in the coming months. The project outlined in the Letter of Intent envisages the creation of a joint venture and a contract with Messaggerie Libri for a 12-year duration.
Emmelibri, through Messaggerie Libri, is the most important Italian distributor of independent publishing material with a reputation for punctuality, reliability and constant commitment to improving the quality of service for over 100 years. CEVA and MeLi have worked together since the 1990’s. CEVA has been responsible for the physical handling of all products distributed by Messaggerie Libri through the City of Books logistics hub at Stradella in Pavia since 2013.
CEVA Logistics Italia currently manages Messaggerie Libri’s book distribution services from the Stradella facility and these operations will be merged into the new entity. Messaggerie Libri will not be part of the corporate agreement and it will remain a subsidiary of the Messaggerie Group, owned by the Feltrinelli Group.
The two companies, leaders in their respective fields of activity, have reached an agreement aimed at creating one of the most modern and state-of-the-art logistics warehouses of its type in Europe with significant investments planned for 2021.
The agreement provides for the new project to be equally shared by CEVA Logistics and Emmelibri in the JV and will include the senior management of both companies in the project, Christophe Boustouller, CEO of CEVA logistics Italia, and Renato Salvetti, CEO of Messaggerie Libri.
Messaggerie Libri’s experience in the distribution of publishing products, combined with CEVA Logistics’ specialisation in the field of logistics, represents a great opportunity for the Italian book market to grow and develop through new and innovative distribution services for the benefit of Italian publishers and the market in general.