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FIEGE

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uuid0008ya1

Namestring
FIEGE
Legal namestring
FIEGE
Websiteurl
fiege.com
Company typeenum
Private
Founded yearint
1873
Descriptiontext

FIEGE is a fifth-generation, family-owned contract logistics provider founded in 1873 in Greven, Germany, operating 135-136 logistics sites across 15 countries with more than 23,500 employees. The company delivers integrated logistics solutions — warehousing, eCommerce fulfillment, transport, returns management, parcel shipment, customs clearance, and air freight — organized around eight vertical sectors: Consumer Products, Fashion & Lifestyle, Healthcare (Hospital, MedTech, Pharma), FMCG (Beauty, Coffee, Food & Supplements, Wine & Spirits), Industrial (Automotive, Aviation, Construction, Energy Equipment), Tires, Retail, and Press & Media. Its underlying technology stack centers on SAP Warehouse Management with proprietary layers for Order Management, Marketplace Management, Carrier Claims Management, Financial Services, and Customer Service, complemented by automation hardware such as AutoStore, pocket sorters, and packaging machines (e.g., the 132,800 m² Apfelstädt fulfillment center).

The business operates on a B2B contract logistics model with long-term, individually negotiated enterprise engagements. Revenue is generated through recurring warehousing and fulfillment fees, transport services, logistics real estate development (via FIEGE Real Estate), and a ventures platform comprising XPRESS (company building for pre-seed LogTech startups), F-LOG Ventures (early-stage LogTech VC), and Strategic Venture Investments. Go-to-market is direct enterprise sales via sector-specific teams (with named contacts such as Head of Sales Tobias Hebling), supported by digital presence, customer case studies, and industry events. Notable enterprise customers span Zalando, ABOUT YOU, MANN+HUMMEL, Vaillant, Falken, JDE Peet's, Suntory Global Spirits, Katjes, SportScheck, Landi, and Hettich. FIEGE has executed two disclosed acquisitions (WFL in 2022 for Asia expansion and heyconnect in 2022), deployed battery-electric truck fleets with charging infrastructure (Oftringen 2026), and invested $16.5M in AI memory platform Interloom in 2026.

Short descriptiontext

FIEGE is a fifth-generation, family-owned German contract logistics provider operating 135+ sites across 15 countries with 23,500+ employees, delivering integrated warehousing, eCommerce fulfillment, transport, and returns services across fashion, healthcare, FMCG, industrial, tires, and retail verticals for enterprise customers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersGreven, Germany
HQ citystring
Greven
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices7 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
contract logistics, warehousing services, eCommerce fulfillment, supply chain management, transport solutions
Industry3 codes
1E-commerce Fulfillment & Omnichannel Logistics (Pick/Pack/Returns)
CodeTLAIAAADPrimaryYes
2High-Value / Secure E-commerce Fulfillment (Electronics, Luxury)
CodeTLAIADAIPrimaryNo
3Real-Time Operational Visibility & Exception Management
CodeTLAEAKACPrimaryNo
SIC code1 code
  • Arrangement Of Transportation Of Freight & Cargo4731
Product category
Contract Logistics Services
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Contract Logistics Services
TypeSubscription Recurring
Description

FIEGE provides integrated contract logistics solutions tailored to specific industry sectors. Revenue is generated through long-term contracts with enterprise customers requiring warehousing, fulfillment, transport, and returns management services.

fiege.com
2eCommerce Fulfillment
TypeSubscription Recurring
Description

International e-commerce fulfillment services for scalable growth, including marketplace management and order management solutions

fiege.com
3Real Estate Development
TypeManaged Services
Description

Logistics real estate development including concept phase, project development, sustainable facilities, and energy-efficient developments

fiege.com
4Transport Solutions
TypeManaged Services
Description

Reliable transport solutions for larger volumes, nationally and internationally, including parcel shipment and flexible transport services

fiege.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 3 records shown
1F-LOG Ventures
Description

Early stage VC investor for LogTech startups

fiege.com
+2 more records
Core offering1 text field

FIEGE provides integrated contract logistics services — including warehousing, eCommerce fulfillment, transport, returns management, parcel shipment, customs clearance, and air freight — tailored to specific industry sectors such as fashion & lifestyle, healthcare & pharma, FMCG, industrial & manufacturing, tires, retail, and press & media. The company complements these logistics services with digital commerce solutions (marketplace management, order management, SAP warehouse management, carrier claims management, international financial services, multilingual customer service) and a logistics real estate business covering concept, development, asset management, and integrated energy systems. Operations span 135+ locations across 15 countries with over 23,500 employees.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Over 20 million items processed annually at Apfelstädt location alone
+2 more records
Product overview1 text field

FIEGE is a 150-year-old family-owned logistics company operating as a fifth-generation business. The company offers a comprehensive portfolio of cross-sector contract logistics solutions organized into three main pillars: (1) Core Logistics Services including warehousing, eCommerce fulfillment, transport solutions, return management, and parcel shipment; (2) Digital Solutions comprising marketplace management, order management, carrier claims management, financial services, and customer service; and (3) Real Estate Development covering property development, asset management, energy management, and charging infrastructure. The company also operates Ventures divisions (XPRESS for company building, F-LOG Ventures for VC investments, and Strategic Venture Investments) and serves diverse industry sectors including Consumer Products, Fashion & Lifestyle, Healthcare, FMCG, Industrial, Tires, Retail, and Press & Media. FIEGE operates 135 locations in 15 countries with approximately 23,500 employees.

Product and service1 record
1Contract Logistics
Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-03-31
Description

FIEGE uses Interloom's enterprise AI platform called 'Context Graph' which captures and structures institutional knowledge as a persistent memory layer for AI agents. The partnership helps FIEGE improve operational efficiency and decision-making by bridging operational knowledge gaps. Interloom raised $16.5 million in seed funding in March 2026, with FIEGE cited as an early customer alongside Zurich Insurance, JLL, and others. The platform reportedly helps reduce the gap between documented and actual work processes.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Global contract logistics leader within Deutsche Post DHL Group providing warehousing, fulfillment, transport, and returns across virtually all of FIEGE's verticals. Closest direct comparable in scale and integrated multi-sector service model.

TypeDirect peer
Description

French-headquartered global 3PL owned by SNCF offering contract logistics, freight forwarding, and supply chain solutions across fashion, healthcare, FMCG and industrial sectors directly comparable to FIEGE's vertical mix.

TypeDirect peer
Description

German family-owned global 3PL providing contract logistics, freight forwarding, and eCommerce fulfillment. Highly comparable to FIEGE in culture, ownership structure, and integrated multi-sector European service offering.

TypeDirect peer
Description

Global 3PL majority-owned by CMA CGM, offering contract logistics, freight management, and supply chain solutions across industries including fashion and consumer goods. Directly competes for enterprise multi-country contracts.

TypeBroad incumbent
Description

Swiss-headquartered global leader in freight forwarding and contract logistics with a substantially larger scale and broader international network than FIEGE. Overlaps with FIEGE in contract logistics but its core strength is forwarding.

TypeBroad incumbent
Description

Danish-headquartered freight forwarder and contract logistics provider with the recent Schenker acquisition. Larger scale and global reach than FIEGE but with significant overlap in European contract logistics.

TypeDirect peer
Description

US-listed contract logistics provider with substantial European operations in warehousing, fulfillment, and transport. Direct competitor for European enterprise multi-sector contract logistics work.

TypeDirect peer
Description

Pure-play contract logistics provider operating warehousing and fulfillment at scale with strong eCommerce and omnichannel capabilities. Comparable in service mix to FIEGE's eCommerce and omnichannel focus.

TypeDirect peer
Description

German family-owned 3PL with European-wide contract logistics, warehousing, transport, and forwarding services. Highly comparable to FIEGE in geographic footprint, ownership structure, and multi-sector contract logistics focus.

TypeDirect peer
Description

Japanese global 3PL offering contract logistics, air and ocean freight, and supply chain solutions across automotive, retail, and consumer goods sectors. Comparable in integrated service model and global enterprise customers.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers20 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment8 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile7 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment11 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

FIEGE

Contract Logistics Servicesfiege.com

FIEGE is a fifth-generation, family-owned German contract logistics provider operating 135+ sites across 15 countries with 23,500+ employees, delivering integrated warehousing, eCommerce fulfillment, transport, and returns services across fashion, healthcare, FMCG, industrial, tires, and retail verticals for enterprise customers.

What FIEGE does

FIEGE is a fifth-generation, family-owned contract logistics provider founded in 1873 in Greven, Germany, operating 135-136 logistics sites across 15 countries with more than 23,500 employees. The company delivers integrated logistics solutions — warehousing, eCommerce fulfillment, transport, returns management, parcel shipment, customs clearance, and air freight — organized around eight vertical sectors: Consumer Products, Fashion & Lifestyle, Healthcare (Hospital, MedTech, Pharma), FMCG (Beauty, Coffee, Food & Supplements, Wine & Spirits), Industrial (Automotive, Aviation, Construction, Energy Equipment), Tires, Retail, and Press & Media. Its underlying technology stack centers on SAP Warehouse Management with proprietary layers for Order Management, Marketplace Management, Carrier Claims Management, Financial Services, and Customer Service, complemented by automation hardware such as AutoStore, pocket sorters, and packaging machines (e.g., the 132,800 m² Apfelstädt fulfillment center).

The business operates on a B2B contract logistics model with long-term, individually negotiated enterprise engagements. Revenue is generated through recurring warehousing and fulfillment fees, transport services, logistics real estate development (via FIEGE Real Estate), and a ventures platform comprising XPRESS (company building for pre-seed LogTech startups), F-LOG Ventures (early-stage LogTech VC), and Strategic Venture Investments. Go-to-market is direct enterprise sales via sector-specific teams (with named contacts such as Head of Sales Tobias Hebling), supported by digital presence, customer case studies, and industry events. Notable enterprise customers span Zalando, ABOUT YOU, MANN+HUMMEL, Vaillant, Falken, JDE Peet's, Suntory Global Spirits, Katjes, SportScheck, Landi, and Hettich. FIEGE has executed two disclosed acquisitions (WFL in 2022 for Asia expansion and heyconnect in 2022), deployed battery-electric truck fleets with charging infrastructure (Oftringen 2026), and invested $16.5M in AI memory platform Interloom in 2026.

FIEGE firmographics

Firmographics
Name
FIEGE
Legal name
FIEGE
Website
https://fiege.com
Company type
Private
Founded year
1873
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
FIEGE is a fifth-generation, family-owned German contract logistics provider operating 135+ sites across 15 countries with 23,500+ employees, delivering integrated warehousing, eCommerce fulfillment, transport, and returns services across fashion, healthcare, FMCG, industrial, tires, and retail verticals for enterprise customers.
Ownership category
akta.pro rank

FIEGE industry classification

Industry
Product category
Contract Logistics Services
SIC
Arrangement Of Transportation Of Freight & Cargo (4731)
akta.pro primary industry
E-commerce Fulfillment & Omnichannel Logistics (Pick/Pack/Returns) (TLAIAAAD)
akta.pro secondary industries
High-Value / Secure E-commerce Fulfillment (Electronics, Luxury) (TLAIADAI), Real-Time Operational Visibility & Exception Management (TLAEAKAC)

Keywords

  • Contract logistics
  • Warehousing services
  • ECommerce fulfillment
  • Supply chain management
  • Transport solutions

Where FIEGE is headquartered

Location

Headquarters

HQ city
Greven
HQ country
Germany
HQ region
Europe

Offices7 records

Markets served

FIEGE business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

  1. Contract Logistics Services: FIEGE provides integrated contract logistics solutions tailored to specific industry sectors. Revenue is generated through long-term contracts with enterprise customers requiring warehousing, fulfillment, transport, and returns management services.
  2. eCommerce Fulfillment: International e-commerce fulfillment services for scalable growth, including marketplace management and order management solutions
  3. Real Estate Development: Logistics real estate development including concept phase, project development, sustainable facilities, and energy-efficient developments
  4. Transport Solutions: Reliable transport solutions for larger volumes, nationally and internationally, including parcel shipment and flexible transport services

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

FIEGE product offering

Product offering

Core offering

FIEGE provides integrated contract logistics services — including warehousing, eCommerce fulfillment, transport, returns management, parcel shipment, customs clearance, and air freight — tailored to specific industry sectors such as fashion & lifestyle, healthcare & pharma, FMCG, industrial & manufacturing, tires, retail, and press & media. The company complements these logistics services with digital commerce solutions (marketplace management, order management, SAP warehouse management, carrier claims management, international financial services, multilingual customer service) and a logistics real estate business covering concept, development, asset management, and integrated energy systems. Operations span 135+ locations across 15 countries with over 23,500 employees.

Product overview

FIEGE is a 150-year-old family-owned logistics company operating as a fifth-generation business. The company offers a comprehensive portfolio of cross-sector contract logistics solutions organized into three main pillars: (1) Core Logistics Services including warehousing, eCommerce fulfillment, transport solutions, return management, and parcel shipment; (2) Digital Solutions comprising marketplace management, order management, carrier claims management, financial services, and customer service; and (3) Real Estate Development covering property development, asset management, energy management, and charging infrastructure. The company also operates Ventures divisions (XPRESS for company building, F-LOG Ventures for VC investments, and Strategic Venture Investments) and serves diverse industry sectors including Consumer Products, Fashion & Lifestyle, Healthcare, FMCG, Industrial, Tires, Retail, and Press & Media. FIEGE operates 135 locations in 15 countries with approximately 23,500 employees.

Differentiator

Problem solved

Functional benefit

Brands

  • F-LOG Ventures: Early stage VC investor for LogTech startups
  • XPRESS Ventures
  • FiegeNow

Products and services

  • Contract Logistics

Quantifiable outcome

  • Over 20 million items processed annually at Apfelstädt location alone
  • +2 more outcomes

Companies that use FIEGE

Customer profile

Named customers20 records

Segments8 records

Ideal customer profiles7 records

FIEGE technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature7 records

FIEGE partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • InterloomminorStrategic or Co-development Partner · 31 March 2026FIEGE uses Interloom's enterprise AI platform called 'Context Graph' which captures and structures institutional knowledge as a persistent memory layer for AI agents. The partnership helps FIEGE improve operational efficiency and decision-making by bridging operational knowledge gaps. Interloom raised $16.5 million in seed funding in March 2026, with FIEGE cited as an early customer alongside Zurich Insurance, JLL, and others. The platform reportedly helps reduce the gap between documented and actual work processes.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

FIEGE competitors and assessment

Company assessment

Direct peers

  • DHL Supply Chain: Global contract logistics leader within Deutsche Post DHL Group providing warehousing, fulfillment, transport, and returns across virtually all of FIEGE's verticals. Closest direct comparable in scale and integrated multi-sector service model.
  • Geodis: French-headquartered global 3PL owned by SNCF offering contract logistics, freight forwarding, and supply chain solutions across fashion, healthcare, FMCG and industrial sectors directly comparable to FIEGE's vertical mix.
  • Hellmann Worldwide Logistics: German family-owned global 3PL providing contract logistics, freight forwarding, and eCommerce fulfillment. Highly comparable to FIEGE in culture, ownership structure, and integrated multi-sector European service offering.
  • CEVA Logistics: Global 3PL majority-owned by CMA CGM, offering contract logistics, freight management, and supply chain solutions across industries including fashion and consumer goods. Directly competes for enterprise multi-country contracts.
  • XPO Logistics: US-listed contract logistics provider with substantial European operations in warehousing, fulfillment, and transport. Direct competitor for European enterprise multi-sector contract logistics work.
  • GXO Logistics: Pure-play contract logistics provider operating warehousing and fulfillment at scale with strong eCommerce and omnichannel capabilities. Comparable in service mix to FIEGE's eCommerce and omnichannel focus.
  • Rhenus Logistics: German family-owned 3PL with European-wide contract logistics, warehousing, transport, and forwarding services. Highly comparable to FIEGE in geographic footprint, ownership structure, and multi-sector contract logistics focus.
  • Yusen Logistics: Japanese global 3PL offering contract logistics, air and ocean freight, and supply chain solutions across automotive, retail, and consumer goods sectors. Comparable in integrated service model and global enterprise customers.

Broad incumbents

  • Kuehne+Nagel: Swiss-headquartered global leader in freight forwarding and contract logistics with a substantially larger scale and broader international network than FIEGE. Overlaps with FIEGE in contract logistics but its core strength is forwarding.
  • DSV (including DB Schenker): Danish-headquartered freight forwarder and contract logistics provider with the recent Schenker acquisition. Larger scale and global reach than FIEGE but with significant overlap in European contract logistics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key highlights7 records

Customer concentration

FIEGE financial estimates

Financial estimate

Revenue estimate

Valuation estimate

FIEGE leadership team

Management profile

Number of profiles

Profiles6 records

FIEGE subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

FIEGE funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

FIEGE M&A and investment

M&A and investment

M&A2 records

Investments11 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FIEGE

What does FIEGE do?

FIEGE provides integrated contract logistics services — including warehousing, eCommerce fulfillment, transport, returns management, parcel shipment, customs clearance, and air freight — tailored to specific industry sectors such as fashion & lifestyle, healthcare & pharma, FMCG, industrial & manufacturing, tires, retail, and press & media. The company complements these logistics services with digital commerce solutions (marketplace management, order management, SAP warehouse management, carrier claims management, international financial services, multilingual customer service) and a logistics real estate business covering concept, development, asset management, and integrated energy systems. Operations span 135+ locations across 15 countries with over 23,500 employees.

Is FIEGE a public or private company?

FIEGE is a private company. It is classified as family owned and is currently operating.

When was FIEGE founded?

FIEGE was founded in 1873. It employs 5,001 to 10,000 people.

Where is FIEGE based?

FIEGE is headquartered in Greven, Germany, in the Europe region.

How does FIEGE make money?

Four revenue lines are on record. Contract Logistics Services are the primary driver. The others are eCommerce Fulfillment, real Estate Development and transport Solutions.

Who are FIEGE's main competitors?

Direct peers on record are DHL Supply Chain, Geodis, Hellmann Worldwide Logistics, CEVA Logistics, XPO Logistics, GXO Logistics, Rhenus Logistics and Yusen Logistics. Broad incumbents are Kuehne+Nagel and DSV (including DB Schenker).

Does FIEGE have an API?

No public API is recorded for FIEGE.

What industry is FIEGE in?

FIEGE's product category is Contract Logistics Services. Its primary akta.pro industry code is TLAIAAAD, E-commerce Fulfillment & Omnichannel Logistics (Pick/Pack/Returns), with a secondary code of TLAIADAI, High-Value / Secure E-commerce Fulfillment (Electronics, Luxury). Its SIC code is 4731.

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Live signals
FinanzNachrichten.deFiege bringt eigenen E-Lkw-Ladepark ans NetzGerman logistics company Fiege has commissioned an electric truck charging park at its logistics site in Oftringen, Switzerland, featuring ten charging points. The infrastructure is designed to support the company's growing battery-electric truck fleet for both short-haul and long-distance transport operations. With this deployment, Fiege continues expanding its charging network across its international location portfolio.Ecommerce NewsTikTok partners with Fiege for fulfillment in GermanyTikTok has partnered with logistics provider Fiege to launch its 'Fulfilled by TikTok' (FBT) service in Germany, enabling sellers to utilize next-day nationwide delivery. This expansion follows the platform's recent entry into the German market and aims to enhance merchant capabilities and customer experience. Job postings indicate that TikTok plans to extend this fulfillment solution to other European countries, including France, Spain, and Italy.EquinixHow Colocation Providers Spur Innovation with Emerging TechnologyEquinix promotes colocation as a way for companies handling IoT, AI, robotics, AR/VR and automation data to avoid high infrastructure costs, scale flexibly and access partner ecosystems. Citing the 2022 Global Tech Trends Survey, it notes 68% of companies are moving to third-party colocation and 71% of IT decision-makers favor service models. Examples include Continental, FIEGE and CDM Smith.PR NewswireAIT Worldwide Logistics Acquires European-Based Fiege Forwarding from the FIEGE GroupAIT Worldwide Logistics entered into a binding purchase agreement to acquire Germany-based Fiege Forwarding, the international freight forwarding division of the FIEGE Group, dramatically expanding its global footprint with new locations across Belgium, China, Germany, Italy, the Netherlands, and Switzerland. The acquisition complements AIT's North American presence with Fiege Forwarding's European coverage while balancing AIT's transpacific supply chain services with Fiege's Asia-Europe trade lane expertise. The transaction, expected to close by December 31, 2020, merges two complementary networks to create a more powerful and diversified worldwide operation serving multinational customers.PR NewswireAIT Worldwide Logistics adquiere Fiege Forwarding con sede en Europa, del FIEGE GroupAIT Worldwide Logistics entered into a binding purchase agreement in December 2020 to acquire Fiege Forwarding, the international cargo transport division of Germany's FIEGE Group, significantly expanding its global footprint. The acquisition adds operational locations across Belgium, China, Germany, Italy, the Netherlands, and Switzerland while bringing specialized expertise in e-commerce, healthcare, and industrial air/sea freight. The transaction, expected to close December 31, 2020, creates complementary network synergies by combining AIT's trans-Pacific supply chain strength with Fiege Forwarding's Asia-Europe trade route capabilities.PR NewswireAIT Worldwide Logistics neemt het Europe Fiege Forwarding over van de FIEGE GroupAIT Worldwide Logistics entered into a binding purchase agreement at the end of last week to acquire Fiege Forwarding, the international freight division of the German FIEGE Group, with the deal expected to close on December 31, 2020. The acquisition will significantly expand AIT's international footprint by adding locations in Belgium, China, Germany, Italy, the Netherlands, and Switzerland, while creating synergies between AIT's trans-Pacific supply chain services and Fiege Forwarding's Asia-Europe expertise. The two companies' complementary networks in China and the combination of AIT's North American strength with Fiege Forwarding's European reach will create a more powerful and diverse international network serving multinational customers.PR NewswireAIT Worldwide Logistics acquisisce Fiege Forwarding con sede in Europa dal Gruppo FIEGEAIT Worldwide Logistics signed a binding purchase agreement to acquire Fiege Forwarding, the international forwarding division of the FIEGE Group based in Germany. The acquisition, expected to close on December 31, 2020, significantly expands AIT's global presence by adding locations in Belgium, China, Germany, Italy, the Netherlands, and Switzerland. Terms of the transaction were not disclosed.PR NewswireAIT Worldwide Logistics adquiere la empresa con base en Europa Fiege Forwarding, del Grupo FIEGEAIT Worldwide Logistics signed a binding purchase agreement to acquire Fiege Forwarding, the international freight forwarding division of Germany's FIEGE Group, with the deal expected to close before December 31, 2020. The acquisition significantly expands AIT's global footprint by adding facilities across Germany, Belgium, China, Italy, the Netherlands, and Switzerland. The combination merges complementary networks, with AIT's Asia-Pacific supply chain services pairing with Fiege Forwarding's expertise in Asia-Europe air and ocean freight routes.PR NewswireAIT Worldwide Logistics erwirbt Fiege Forwarding mit Sitz in Europa von der FIEGE-GruppeAIT Worldwide Logistics signed a binding purchase agreement in December 2020 to acquire Fiege Forwarding, the international forwarding division of the German FIEGE Group, marking a natural extension of their existing partnership. The acquisition adds Fiege Forwarding's locations in Belgium, China, Germany, Italy, the Netherlands, and Switzerland to AIT's network, complementing AIT's strong North American and trans-Pacific presence with Fiege's Asia-Europe trade route expertise. The transaction, expected to close by December 31, 2020, creates a more diversified global logistics network spanning Asia, Europe, and North America, with terms undisclosed.BenzingaAIT Worldwide Logistics Buys German Forwarder FiegeAIT Worldwide Logistics announced a firm agreement to acquire FIEGE Group's international freight-forwarding division, adding locations in Belgium, China, Germany, Italy, the Netherlands, and Switzerland. The acquisition is the sixth deal in three years for the Itasca, Illinois-based logistics company, which is backed by private equity firm Quad-C and serves customers in aerospace, automotive, e-commerce, and healthcare sectors. The transaction is expected to close by December 31, allowing Fiege Group to focus on its core contract logistics business while gaining a larger presence in North America and Asia.