Fortidia announces the acquisition of a majority stake in SI Express to expand its time-critical freight offering
Fortidia today announced that it has entered into a definitive agreement for the acquisition of a majority stake in SI Express, an established Italian company specialized in time-critical freight solutions. The transaction is subject to customary regulatory approvals.
The acquisition strengthens Fortidia’s logistics capabilities, adding deep expertise across road, air and sea freight, while further consolidating the Group’s position in Italy.
Founded in 2000, SI Express has built more than 25 years of expertise in urgent logistics, providing tailor-made solutions where speed, reliability and flexibility are critical. Its operations focus on coordinating light and heavy road freight, as well as air and sea freight, supported by 24/7 customer service and established international partnership agreements, relying on proprietary technology.
Following the transaction, the existing shareholders, Red-Blacks S.r.l. and Harcos S.r.l., will retain minority stakes in SI Express and continue to contribute to the company’s next phase of growth alongside Fortidia.
“We are pleased to welcome SI Express to Fortidia” said Giuseppe Filosa, Regional Vice President of Fortidia. “SI Express brings deep expertise in time-critical freight, a strong reputation for reliability and problem-solving, and an entrepreneurial approach that fits naturally within our Group. Together, we will broaden our specialized logistics offering and create new opportunities for growth in Italy and internationally.”
“For more than 25 years, SI Express has built its reputation by solving our Customers’ most urgent and complex logistics challenges with speed, flexibility and a highly personalized approach,” said Giovanni Palese, Co-Founder of SI Express. “Joining Fortidia gives us the opportunity to accelerate our development while preserving the expertise, customer focus and entrepreneurial spirit that define our company.“
The transaction marks another important step in Fortidia’s continued development of its global logistics platform, further strengthening its ability to deliver specialized, technology-enabled solutions that address increasingly complex shipping and logistics needs.