RABEN GROUP SOLE SHAREHOLDER OF FENTHOL & SANDTMANN

In recent years, Raben Group has dynamically invested in the German market, constantly implementing its long-term strategy of developing its own independent transport network. Thanks to the agreement with Fenthol & Sandtmann, the Group is able to meet customer expectations more effectively by offering an efficient transport network based on 34 branches in Germany. The company is focused on the implementation of the latest IT solutions in the logistics sector, thanks to which it creates new development prospects not only for itself, but above all for its customers.

Following this agreement, Raben Group will take over all the Fenthol & Sandtmann locations, namely Hamburg, Erlensee, Leipzig and Dresden, together with more than 460 employees.

"We have been collaborating with Fenthol & Sandtmann since 2011 through 50% of the joint venture." - explains Ewald Raben, CEO Raben Group - "The acquisition is an important milestone for Raben Trans European Germany and the great example that we are constantly implementing our growth strategy. The development of our distribution network has unquestionably opened up new possibilities for our customers, not only in the German market, but also in the European one. "

Fenthol & Sandtmann, together with its branches, such as FKL Kontraktlogistik and Kraftverkehr Ehrig, it fuses trade traditions with modern 21st century logistics. The company's roots go back around 190 years, making it a real logistics expert. In 2011 Raben Group acquired 50% of the shares of Fenthol & Sandtmann. The company provides road, sea and air transport services, as well as contract logistics, with an annual turnover of 130 million euros.