On 21 May 2025, the fund manager F2i brought together two companies under its control, Fhp Holding Portuale and Compagnia Ferroviaria Italiana, into a single entity operating across port terminals and rail freight services. To complete the merger, Fhp acquired Cfi, which in turn controls Lotras. The new group will employ around one thousand people and handle approximately ten million tonnes of goods through its port operations. Its assets include the port terminals of Marina di Carrara, Livorno, Monfalcone and Venice, as well as inland terminals located in Fiorenzuola d’Arda, Incoronata, Piedimonte San Germano and Villa Selva. It also boasts a fleet comprising fifty locomotives and 1,300 wagons.
This strategic move has its origins in 2020, when F2i Sgr acquired control of Compagnia Ferroviaria Italiana, one of Italy’s leading freight railway operators. In parallel, Fhp was established in 2019 through the consolidation of port terminals such as Carrara, Marghera and Chioggia. Since then, Fhp has significantly expanded its footprint with key acquisitions including MarterNeri, which operates in Monfalcone and Livorno, and Compagnia Portuale Monfalcone. These developments have positioned Fhp as a leader in the transportation of dry bulk cargo.
