4 Feb

Zeitfracht becomes new majority shareholder of BuchPartner / Cartel Office gives approval

  • By: ZEITFRACHT Gruppe
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Berlin, Darmstadt, February 4, 2021 – Zeitfracht GmbH can acquire a majority stake in BuchPartner GmbH in Darmstadt and thus expand its core business area of media logistics. The Cartel Office has now granted its approval, meaning that the purchase process can now be completed. This makes Zeitfracht the new majority shareholder in BuchPartner.

BuchPartner is a full-service provider for books and media operating throughout the German-speaking countries. The company’s customer base primarily includes supermarkets, hypermarkets, consumer electronics stores and discounters. BuchPartner manages and supports professional book departments in these markets and offers different, precisely tailored space concepts and book ranges. BuchPartner currently manages and supplies over 5,000 sales areas in Germany and Austria.

Thomas Raff, Managing Director of Zeitfracht GmbH: “With BuchPartner, we have found an ideal complement to our existing activities in the book market. We are sure that the combination of Zeitfracht and BuchPartner has a bright future ahead of it and that we will continue to develop together in the relevant markets. With Kai Gellert as managing director, his team, and the Darmstadt location, we will continue to rely on continuity and predictability, but also on creativity and fast implementation.”

Kai Gellert, Managing Director of BuchPartner: “I am delighted that our family business is now a member of the Zeitfracht Group. Together with our new shareholder, we have many exciting projects on the agenda, which we can now tackle and realize immediately.”

BuchPartner GmbH has a total of 820 employees and its headquarters in Darmstadt. Through close cooperation with almost all publishing houses in Germany, the company offers customers an exclusive, independent and custom-fit range of goods. The company operates its own logistics center in Darmstadt for this purpose.

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