Raben Group completed the acquisition of Bas Group.

Raben Group, a Dutch logistics company group, completed the acquisition of Bas Group, an all-round logistics service provider. Financial terms were not disclosed. "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," Lorenzo Bas, Bas Group CEO.