Italtrans has become the majority shareholder in Cusinato Renato, a road haulage company from Veneto specialised in transport services for the large-scale retail sector. The acquisition marks a strategic step in Italtrans’s external growth strategy, launched in 2018. That year, the Bergamo group acquired Mazzocco, a refrigerated transport specialist, expanding its cold chain capacity. In 2022, Deliverit was integrated, with a focus on urban distribution, while in 2023 the acquisition of Frigor Trasporti Orobico further strengthened fresh food logistics.
With Cusinato Renato joining the group, Italtrans gains a partner with deep regional roots in the Triveneto and solid expertise in services for the large-scale retail sector. According to CEO Laura Bertulessi, the deal will allow the company to optimise its offering and extend coverage across the entire food transport chain. Operational synergies lie above all in Cusinato Renato’s specialisation in multi-temperature transport and services dedicated to the retail sector, along with its presence in an area that has become a strategic link in the Italtrans network. With a fleet of 285 vehicles and three logistics hubs between Padua and Brescia, the Padua-based company also adds more than 46,000 square metres of warehousing capacity, to be combined with the group’s overall 870,000 square metres.
The financials highlight the soundness of the deal: in 2024 Cusinato Renato generated revenues of €30 million, up 6.37% on the previous year and outperforming the sector average. The company will join the group with the continued involvement of the founding family. Renato Cusinato stressed the continuity of entrepreneurial values and the development prospects offered by integration into a larger organisation.
The acquisition comes against a backdrop of strong consolidation in the Italian logistics market, which in 2024 recorded investments worth €1.75 billion (+2.9% year-on-year) and an acceleration in the first quarter of 2025 with €650 million. According to Grant Thornton, which advised Italtrans on the deal, most acquisitions in the sector are driven by industrial buyers, underlining the pursuit of critical mass and complementary skills. For Italtrans, the new structure reinforces its leadership in food logistics, with a fleet of more than 1,300 vehicles and nearly one million square metres of logistics capacity.
