On 5 August 2025, the Grendi Group confirmed it had finalised the purchase of 70 percent of Dario Perioli. The deal, completed after months of negotiations, aims to reinforce trade routes between Europe and North Africa, with a particular focus on Algeria, Morocco and Tunisia. The Dario Perioli Group will continue to operate independently under its own name. Michele Giromini will remain as chief executive officer and will retain, through his holding company Fingiro, a 30 percent share in the capital. His continued involvement will ensure continuity in management and in the company's long-standing relationships with clients and suppliers.
This new logistics hub brings together two companies with more than three centuries of combined experience. Grendi, founded in 1828, closed 2024 with consolidated revenues of around 118 million euros, marking a 20 percent increase compared to the previous year. Dario Perioli, active in La Spezia since 1908, currently records a turnover of 30 million euros, serves 600 clients and employs around 100 people. The integration is expected to push combined revenues above 150 million euros, with a projected workforce of 350 employees, capitalising on the complementarity of the services offered by both companies.
The new entity will offer an integrated freight movement system built on a network of maritime routes, port terminals, intermodal services and extensive customs expertise. Mdc Terminal, part of the Dario Perioli Group, and the Grendi terminal together form a synergistic platform for trade flows between Italy and North Africa. The port of Marina di Carrara is increasingly positioning itself as a Mediterranean hub for all types of goods, both for import and export.
The merging of assets and expertise from the two companies will allow for optimised routes, shorter transit times and increased operational efficiency, creating value for clients and partners across the entire logistics chain, explained Antonio Musso, chief executive officer of the Grendi Group. He added that Perioli’s experience in handling traditional and bulk cargoes complements Grendi’s containerised shipping operations, which currently rely on a fleet of four vessels.
The entire transaction was supported by a wide team of legal and financial advisors. Grendi Trasporti Marittimi received legal advice from Scpt Studio Legale and financial and tax consultancy from Forvis Mazars and Studio D’Oca, alongside its in-house team. The outgoing shareholders – Sar.Fin., Finanziaria GB and Fingir – were assisted by Gianni & Origoni, Deloitte, Elimat and the internal team coordinated by general manager Andrea Scarparo and CFO Gianluca Fadda. The final deed of the transaction was handled by notary Riccardo Dogliotti of Genoa.
