Argos Wityu to invest in Bracchi.

Argos Wityu, a private equity firm, agreed to invest in Bracchi, an Italian transport company. Financial terms were not disclosed. "We are very proud that Bracchi leads the way as first investment of our Climate fund. Bracchi represents the Italian excellence, appreciated and recognised in Europe with a strong development potential. Together with the management, we aim to activate strong buyout fundamentals while deploying proprietary sustainability levers. Our objective is for Bracchi to become a European sustainable leader in the transport and logistic market," Lucio Ranaudo, Argos Wityu Senior Partner.