CEVA Logistics and Emmelibri (a Messaggerie Group company) have agreed to launch a joint venture to create a book distribution centre at Stradella, Italy, by signing a Letter of Intent. The realisation of the project includes the creation of a joint venture and the signing of a contract for the supply of logistic services to Messaggerie Libri with a 12-year duration.
Emmelibri is a distributor of independent publishing material and has been working with CEVA Logistics since the 1990s. 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 have reached an agreement aimed at innovative warehousing 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.
CEVA Logistics Italia’s CEO, Christophe Boustouller said, “This new partnership will allow us to better face the challenges of the future in the logistics industry in a truly dynamic way. We will continue to bring our expertise and know-how as we have done across all these years.”
Source: CEVA Logistics