Phone: +38 044 273 64 07 RU EN DE home About company Services Import, distribution Our partners Contacts Logis Cargo Currency rates Dollar, euro and ruble rates by banks RABEN GROUP BUY PART OF RHENUS FREIGHT LOGISTICS BUSINESS IN FELBACH (GERMANY) Posted: 28 Jul 2016, 13:31 On 25 July 2016 in Mannheim, the Raben Group acquired a stake in the Rhenus Freight Logistics business in Felbach near Stuttgart. The sale and purchase agreement was signed on July 21 and is awaiting approval from the antimonopoly authorities. The final takeover by Raben of part of the Rhenus Freight Logistics business in Felbach will take place on 01/01/2017, which will also include operations in Weilimdorf in the northwestern part of Stuttgart. The acquisition demonstrates a step forward in the growth strategy of Raben in Germany. “Through the acquisition in Baden-Württemberg, we are strengthening our services in southern Germany. We are committed to successfully maintaining and expanding existing partnerships with customers, relying on the quality and experience of dedicated employees on the ground,” says Ewald Raben, CEO of the Raben Group. The existing customers of Rhenus Freight Logistics, which will be transferred after the takeover to Raben in Felbach and Weilimdorf, are predominantly from the automotive, retail and healthcare industries. The branch in Felbach specializes in the internal distribution of groupage cargo and was already a partner of the European Transport Network Raben before the purchase. The location in Felbach has 2 logistics centers employing over 200 people, including a cross-docking area. The Raben Group has been operating in the logistics market for over 85 years. The service portfolio includes warehouse logistics, domestic and international transport (including temperature 0 + 6), sea and air freight services, intermodal transport, and e-commerce services for online stores. The group has offices in 11 European countries and 1,150,000 m2 of modern warehouse facilities for various purposes. The company employs 8,900 people. Source Trademaster.ua Other news Site creation: studio of Sergey Kaminsky © 2013—2016 Logis Cargo all rights reserved