Balter becomes part of Raben Group

The transaction is subject to the approval of anti-trust authorities. The Balter Group consists of two business units – Balter Logistics and Spedition Balter & Zimmermann. Since 1996 Balter has been a member of the CargoLine.

The acquisition of the Balter Group enables us to enhance our competences in Germany in the whole supply chain. This way we can combine the local experience which has been gathered by Balter Group over the years with the international know-how of Raben Group, says Ewald Raben, CEO Raben Group.At the locations in Koblenz and Gera there are over 300 persons employed and all of them will be retained.  The annual turnover of the company is around 65 million euros and it owns approximately 100,000 m² of warehouse capacity. Its core business includes mainly distribution and procurement logistics, as well as warehousing and logistics services. As a member of Raben Group they will continue their business under the corporate name Balter Logistics and Spedition Balter & Zimmermann.As a member of Raben Group we can continue to develop ourselves and at the same time be optimally prepared for the future. We are convinced that our company, especially the locations of our two branches and the resulting synergy effect, will strengthen the role of Raben Group in Germany. Just like Raben Group we look back at a very long history of a family-owned company. Our reliable distribution network and our portfolio are essential and thanks to them we can have influence on the development of quality of logistics services, says  Dieter Balter, Balter’s Managing Director.