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Latest Alfred Ritter News
Feb 13, 2023
February 13, 2023 6:33 AM Share this article Ritter Sport has announced that it has joined forces with the Nagel-Group to put two electric semi-trailer tractors into operation in Germany. The two companies have been working together as partners for more than 20 years. The chocolate maker claims the joint project is another example of the common goal of making logistics processes as sustainable as possible. In Reichenbach, the Ritter Sport products manufactured in Waldenbuch are picked and assembled before they are distributed worldwide through the Nagel network. Ritter Sport claims the two e-trucks will commute as 40-tonne trucks between the raw materials and packaging material warehouse of Alfred Ritter GmbH & Co. KG in Dettenhausen, production in Waldenbuch and the Nagel-Group's logistics centre in Reichenbach. This electrifies transport between warehouse locations and production. Green Electricity The tractors are charged at Ritter in Dettenhausen, where the charging station is supplied with green electricity from the recently modernized site's own photovoltaic system. Since the beginning of February, the two Volvo FH Electric have been on the road on the approximately 45-kilometer route between Dettenhausen, Waldenbuch and Reichenbach. Between the raw materials and packaging material warehouse in Dettenhausen, production in Waldenbuch and the logistics centre in Reichenbach, the Nagel-Group handles more than 5,000 shipments annually on behalf of the family-owned company. 'Climate Neutral Company' It is estimated that the electrification of these transport routes saves around 500 tonnes of CO2 annually – roughly equivalent to the average electricity consumption of more than 250 households per year. "We have been a climate-neutral company for several years, but our top priority remains to prevent emissions from arising in the first place," says Asmus Wolff, managing director supply chain at Ritter. " Electrified transport is therefore not only a forward-looking innovation for the logistics industry, but also another important step on our path to continuous emission reduction." © 2023 European Supermarket Magazine – your source for the latest supply chain news. Article by Robert McHugh. Click subscribe to sign up to ESM: European Supermarket Magazine. Tags
Alfred Ritter Investments
1 Investments
Alfred Ritter has made 1 investments. Their latest investment was in Chocri as part of their Corporate Minority on September 9, 2010.

Alfred Ritter Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
9/20/2010 | Corporate Minority | Chocri | Yes | 1 |
Date | 9/20/2010 |
---|---|
Round | Corporate Minority |
Company | Chocri |
Amount | |
New? | Yes |
Co-Investors | |
Sources | 1 |
Alfred Ritter Portfolio Exits
1 Portfolio Exit
Alfred Ritter has 1 portfolio exit. Their latest portfolio exit was Chocri on October 22, 2014.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
10/22/2014 | Corporate Majority | 1 |
Alfred Ritter Acquisitions
1 Acquisition
Alfred Ritter acquired 1 company. Their latest acquisition was Mars - Amicelli, Banjo, and Fanfare on May 27, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
5/27/2020 | Acquired Unit | 1 |
Date | 5/27/2020 |
---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acquired Unit |
Sources | 1 |
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