NAXICAP Partners-backed ITAL Express completed the acquisition of Ticino Ricambi

NAXICAP Partners-backed ITAL Express, a distributor of auto parts, completed the acquisition of Ticino Ricambi, a specialized Swiss distributor of automotive spare parts. Financial terms were not disclosed. This acquisition allows ITAL Express to strengthen its presence in Switzerland and integrate a highly efficient logistics model, renowned for its ability to guarantee deliveries in less than 24 hours. The transaction also represents a significant milestone in the group's industrial plan, aimed at expanding its network and increasing operational synergies across different countries through a series of extraordinary transactions.