CEVA Logistics completes acquisition of heavy-lift firm Fagioli

Closing three and a half months after signature

CEVA Logistics confirmed from its Marseille headquarters on 31 March 2026 that the acquisition of Fagioli Group had completed, once regulatory approvals and the remaining closing conditions had been satisfied. The share purchase agreement behind the deal was signed on 15 December 2025, so the transaction has taken a little over three months to clear.

The purchase covers 100 per cent of the group. Fagioli, based at Sant’Ilario d’Enza in Emilia-Romagna, has spent seven decades building a business around strand jack systems, gantries and tower lift systems, modular transporters and the engineering that goes with them.

What changes hands

For CEVA the attraction is capability rather than tonnage on the road. Fagioli brings thousands of owned and leased assets together with the in-house engineering department that designs the temporary structures, jacking arrangements and load paths on which heavy lift contracts stand or fall. Its approximately 450 staff transfer with the business.

CEVA expects the combination to strengthen it in Europe, Asia Pacific and North America, working both for industrial clients and for engineering, procurement and construction contractors — the customer group that generates most of the world’s refinery, LNG and power module lifts.

A project logistics arm assembled by acquisition

Fagioli is the latest in a run of additions to CEVA’s project logistics capability, which has previously absorbed Bolloré Logistics and Spedag Interfreight. In October 2024 the group also signed a joint venture agreement in Saudi Arabia that created CEVA Almajdouie Logistics.

CEVA Logistics itself is part of the CMA CGM Group. It reported 2025 revenue of US$18.3 billion and employs around 110,000 people at more than 1,700 sites in 170 countries, covering contract logistics and air, ocean, ground and finished vehicle transport.

For crane and lifting contractors the interest lies less in the ownership structure than in what happens to Fagioli’s equipment base and to its availability to third parties. The group’s tower lift systems, gantries, jacking towers and strand jack sets are regularly subcontracted into projects run by other main contractors, and any narrowing of that market would be felt across the sector.

Consolidation of this kind has become common at the top of the project logistics market. Freight forwarders and shipping groups have been buying the specialist engineering contractors that handle the last few hundred metres of a project cargo’s journey — the quay-to-foundation leg where strand jacks, skidding systems and self-propelled modular transporters do the work and where margins are set by engineering rather than by freight rates.

Neither party has indicated any change to the Fagioli brand or to its Italian operating base.

Source: Fagioli — Photos: Fagioli