The FIEGE Company Builder, XPRESS Ventures added the Dortmund-based start-up, Logistikbude to its portfolio. The seed funding for the platform for automatic management of loading equipment management amounted to 2.2 million euros.
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The FIEGE Group expands its Executive Board. Kenza Ait Si Abbou, an AI and data expert, will be overseeing the Digital Services, IT and Data Driven Company units at the Greven-based logistics company.
The FIEGE Group has pledged its commitment to becoming carbon neutral and has now published its first sustainability report. The report is informed by the internationally recognised Global Reporting Initiative (GRI) and refers to the financial year 2022. In anticipation of the mandatory EU regulations which will come into effect starting 2025, it aims to create transparency for clients, partners, and other stakeholders.
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In 2017, FIEGE invested in the robotics start-up, Magazino and has since enjoyed a close collaboration with the Munich-based enterprise. FIEGE has now sold this investment to Jungheinrich. The intralogistics company will be taking over Magazino as a whole.
Sandra Achternbusch
Here at Corporate Sustainability, our vision is to hand a financially sound and climate neutral organisation to the next generation.
FIEGE regularly donates IT equipment that it no longer needs to educational and social organisations. Now the Greven-based family business has handed over 46 laptops to three institutions from Münster that are involved in child and young welfare.
The logistics company, FIEGE and the tire maker, Continental have been working together in tire logistics for over 20 years. At the location in Bellheim, FIEGE will now also oversee the delivery to customers of Continental based in Germany’s south.