Geis Group and Quehenberger Logistics: antitrust authorities approve acquisition

Bad Neustadt / Straßwalchen, 16 August 2023 - Green light for the transaction agreed at the beginning of May: The antitrust authorities have approved the acquisition of 66 percent of the shares in Quehenberger Logistics (Augustin Quehenberger Group GmbH) by the Geis Group.

(© Quehenberger Logistics)

"We are delighted that the largest acquisition in our company's history has now been officially finalised," say Hans-Wolfgang Geis and Jochen Geis, managing partners of the Geis Group. "Now we will really get going and bring our teams together to get to know each other and discuss joint projects."

Combined strength

"Geis is very well positioned when it comes to efficiency, quality and sustainability, while we at Quehenberger are very advanced when it comes to digitalisation and artificial intelligence," explains Christian Fürstaller, CEO and co-owner of Quehenberger Logistics. "Together, we will now bring together the best of both companies and develop them further."

Geis and Quehenberger now have a total of around 10,000 employees at around 200 locations in 13 countries and generate a turnover of around two billion euros.

"Our customers now have an even stronger logistics partner at their side," say Hans-Wolfgang Geis and Jochen Geis. "Based on this combined strength, we will offer even more comprehensive, excellent logistics solutions."

About the Geis Group

Since its foundation in 1945, the Geis Group, headquartered in Bad Neustadt, Franconia, has developed into a global full-service logistics provider with around 6,600 employees. The family-run company is now managed by the second and third generation and offers its customers a full range of logistics services, from traditional lorry transport to global air and sea freight and complex logistics services. In 2022, the Geis Group generated a turnover of around 1.3 billion euros. The company currently operates 125 locations in seven countries: Germany, the Czech Republic, Poland, Slovakia, Hungary, Switzerland and Luxembourg. Over one million square metres of logistics and handling space are currently available. Further information: www.geis-group.com

About Quehenberger Logistics

Quehenberger Logistics is a full-service logistics provider and specialist for integrated sector solutions for industry and trade with a focus on Central and Eastern Europe. Today, the owner-managed, medium-sized company based in Straßwalchen near Salzburg employs 4,050 people1/2 at 69 locations in 11 countries2. Digitalisation and automation are at the heart of the quality-oriented corporate strategy. Further information: www.quehenberger.com

Press office of the Geis Group:

STROOMER PR | Concept GmbH - Rellinger Str. 64 a - 20257 Hamburg
Christian Stephan - E-Mail: christian.stephan@stroomer.de - Phone: +49 40 853133-16

Your contact at Quehenberger Logistics:

Klaus Hrazdira, Tel.: +43 50145 55011, presse@quehenberger.com
COO | Gewerbegebiet Nord 5, 5204 Straßwalchen, Austria