Raben Group acquires GS Frachtlogistik

Its core business includes primarily the distribution of groupage shipments in Germany and Europe, distribution and procurement logistics as well as warehouse and logistics services. For the time being the company will continue to operate under the name GS Frachtlogistik GmbH. The contract also covers 35 transport vehicles, including trucks with the gross vehicle weight of up to 24 tons. In addition, Raben will gain 8,000 m2 of warehouse capacity in Garching in Northern part of Munich and 7,500 pallet spaces in a high storage warehouse. Additional 1,000 m2 of air cargo security storage are available for transport orders that are processed through the nearby Munich airport

"The acquisition of GS Frachtlogistik reflects our growth strategy in Germany, which we are pursuing in accordance with the requirements of our customers," says Ewald Raben, CEO of Raben Group, about the motives of the purchase. "This company owned and managed by Roland Gigl and Roland Schopp, which specializes in groupage business, freight and logistics services, is a valuable and perfect complement to Raben Group in one of the strongest economic regions of Germany."

"We feel confident that the long-term continuation of our forwarding business that started a quarter of a century ago will be ensured by the transition to Raben Group," explains Roland Gigl, CEO of GS Frachtlogistik. "Our experienced staff will now use their expertise for the existing and newly acquired Customers under the Raben flag."