Maritime activity

Grendi invests 33.5 million in terminals and logistics

Musso family group aims to expand and focuses 2026-2028 business commitment on both shipping and transport acquisitions

by Raoul de Forcade

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

The Grendi Group, an operator in maritime transport and logistics, has launched a 33.5 million investment plan for the three-year period 2026-2028. Meanwhile, turnover is going up: the forecast for the 2025 consolidation touches 158 million (+33% over 2024), which includes the figures of Dario Perioli, a company of which the Genoese company, led by the Costanza brothers and Antonio Musso, acquired 70% of the capital in August last year. And new acquisitions in the transport and logistics sector are on the horizon.

The group, while maintaining its headquarters in the Ligurian capital, today operates on the docks of Marina di Carrara (where it manages the Grendi and Mdc Perioli terminals), Olbia and finally Cagliari (on the Ro-ro and Mito terminals). In addition, it manages maritime lines - with a fleet of four ships - domestic and international (in particular to and from North Africa), as well as domestic transport of various goods, warehousing and distribution services. The activities are divided into two business development areas: Gtm (Grendi Trasporti Marittimi), which is managerially headed by Antonio, and Ma (which deals with land logistics), led by Costanza. Of the 158 million turnover achieved, 130 million is attributable to the group led by the family (+10% on the 118 million of 2024), while the remaining 28 million is attributable to Perioli's contribution.

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"In the last five years," says Antonio, "our turnover has grown by 175%, a dimensional leap that has pushed us to accelerate the group's strategic path. We have invested in terminal concessions, warehouses, fleet and technology with a further 33.5 million investment plan for the three-year period 2026-28. The goal is to make the operations we carry out increasingly efficient and integrated. The growing rail intermodality and the strengthening of maritime traffic towards North Africa, consolidated also with the acquisition of control of Perioli, active in connections with this strategic area, go in this direction". From 2021, then, Costanza recalls, "we will be a benefit company and today also a certified B corp, the only one in the world in maritime transport: a commitment that orients our every choice towards sustainable, long-term growth".

Gtm in 2025 increased its turnover, which came in at around 90 million, by 10% over the previous year. In Cagliari, the company has applied for an extension of the Ro-ro terminal area, which will bring the space under concession to 144,000 square metres. Also in that port, explains Antonio, 'last year we obtained a first step, not yet definitive, but it should become so soon, for a 20-year concession of the Mito-Sardinia container terminal, for 750 metres of quay 167 thousand square metres of yard space. In 2024 187 thousand teu were handled there (20 foot containers, equal to +25% on 2024) and the objective is to reach 350 thousand teu in 2030, the year by which time we will have invested 34 million on that quay".

Of the 33.5 million included in the 2026-2028 plan, on the other hand, points out Antonio, 'more than 12 million will go to Mito (share of the 34); about 15 million will be committed to Gtm, between container and equipment investments. Overall, in short, around 15 million will be directed to the terminals of Cagliari, Olbia and Marina di Carrara. Then there are 2 million that we are assuming from the Perioli group, for the part we are consolidating". To these sums, Costanza adds, "we will add about 5 million euros on Ma: the concept, in the land sector, is to make a few acquisitions of small companies that we already work with, to solidify a bit this reality, which is certainly the one that is a bit more complicated, because it is the historical core business, but it is tiring: transport today is experienced by companies as a cost, whereas it should be perceived as a strategic lever".

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