The Raben Group plans to increase the scope of its transport and warehousing operations in southern Germany. The decision to acquire GS Frachtlogistik GmbH, based near Munich, is currently being reviewed by the antitrust authority. The acquisition agreement for GS Frachtlogistik, which has been operating on the market since 1991, was signed in July 2016. The company, which employs over 50 people and is headquartered in Garching, achieved a sales result of 12 million euros in 2015.
The company’s main business is the distribution of general cargo shipments within Germany and Europe, distribution and procurement logistics, and warehousing services. For the time being, the company will continue to operate under the name GS Frachtlogistik GmbH. The agreement will also cover 35 transport vehicles, including trucks with a gross vehicle weight of up to 24 tons. Additionally, Raben will gain 8,000 sq. m. of warehouse space located in Garching, north of Munich, and 7,500 pallet spaces in a high-bay warehouse. An additional 1,000 sq. m. of warehouse space will be available at the air cargo terminal for orders handled by the nearby Munich airport.
– The acquisition of GS Frachtlogistik reflects our development strategy in Germany, which we are implementing in line with the needs of our customers – Ewald Raben, CEO of the Raben Group, describes the motives for the planned acquisition. – The company, owned and managed by Roland Gigl and Roland Schopp, which specializes in general cargo transport, freight forwarding, and logistics services, is a valuable and excellent complement to the Raben Group’s operations in this economically strong region of Germany.
– We are confident that the long-term development of our 25-year-old company is guaranteed under the wings of the Raben Group – explains Roland Gigl, CEO of GS Frachtlogistik. – Our experienced employees will now use their skills to serve existing and new customers under the Raben flag.