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The Mercurio Group and CAT Italy, a 100% subsidiary of the
CAT Group, signed a Joint Venture Agreement on 21 October
2005 to establish a new jointly owned and licensed transport
and logistics company to be known as MERCAT S.R.L. in the
Italian market.
The initial aim of the company is to act as a sub-contractor
for transport services to both Mercurio and CAT Italy for
certain identified finished vehicle and high & heavy flows
that can be better optimised.
The new company will also be active in identifying and responding
to new market opportunities.
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