Raben Group has announced the acquisition of 100% of shares of the BAS Group, a logistics service provider, with retroactive effect from January 1, 2021, according to the company. With the transaction, Raben acquires all Bas Group locations in the Netherlands, Slovakia and Italy, together with a team of 210 employees. The transaction has reportedly been approved by antitrust authorities.
The company is a family business that was founded in 1986. BAS Group has almost 50,000 sq m of warehouse capacity and own fleet of trucks and trailers. The company attaches particular importance to international groupage transport, specialising in the connections between Holland and Italy.
“As a family we had come to the point where we had to make a choice between growing further autonomously or joining a larger professional logistics service provider. When Raben expressed interest, we, as a family, decided to sell the shares. The logistics sector will change considerably in the coming years, resulting not only in opportunities but also threats. By becoming part of a larger professional organisation like the Raben Group, we, as a medium-sized player, will be less vulnerable to these external influences”, said Lorenzo Bas, Bas Group CEO
The Raben Group originated in the Netherlands, but the head office has been located in Poznan in Poland since the 1990s. Raben is active in 13 European countries, with more than 150 locations, approximately 1,200,000 sq m of warehousing and an annual turnover of €1.3bn.The office in the Netherlands will be situated in Oss.
Through the acquisition of the Bas Group, Raben, a family company, has increased its network in South-West Europe and strengthened its position in the field of contract logistics and intermodal transport.
“The acquisition of the Bas Group provides new opportunities in Europe while also expanding our network. Furthermore, it will strengthen our position in the Benelux and enhance opportunities for growth in Southern Europe”, said Ewald Raben, Raben Group CEO.
Source: Raben Group
