Contship to Acquire Tarros Group to Build Euro-Mediterranean Platform

Contship, through its subsidiary Sogemar, signed an agreement to acquire Tarros Group, a shipping and integrated logistics operator. The deal is expected to close in the fourth quarter of 2026.

The transaction covers the full acquisition of Tarros Group, including Tarros S.p.A. and its foreign subsidiaries, Terminal del Golfo S.p.A. —a container terminal in La Spezia—, Car Box S.r.l., Compagnia Marittima Servizi S.r.l. and Med Logistics Malta Ltd, companies operating in shipping services, port handling and inland transport.

Alberto Musso, Chairman and CEO of Tarros Group, said he had been looking for a strong partner that shared the company's growth vision and would allow it to keep developing in a complex environment, and stated that the agreement with Contship aims to create a Euro-Mediterranean platform by combining Contship's European identity with Tarros' historic presence in the Mediterranean. Matthieu Gasselin, CEO of Contship, highlighted that the agreement is part of the company's development strategy to strengthen its role as an integrated logistics operator, with the goal of building a logistics platform spanning Europe, the Mediterranean and North Africa.

Founded in 1828, Tarros Group today has 751 employees and a customer base of 2,700 clients, connecting Europe with Mediterranean coastal countries through a network spanning 16 countries and 31 ports, serving markets with a combined population of more than 500 million people.

The acquisition is subject to obtaining the necessary approvals from the relevant authorities, and the parties will provide further updates on the transaction as it progresses toward its expected closing in the fourth quarter of 2026.