A substantial part of Euba Logistic’s operations will continue under Deutsche Getränke Logistik (DGL). The company is acquiring key business assets in an asset deal that takes economic effect on 1 August 2026.
The package includes approximately 70 trucks. Around 120 jobs at the Angermünde site are also expected to be retained.
The deal gives DGL more than additional transport contracts. It immediately expands the group’s in-house fleet capacity, complementing the existing operations of Borchers-Transportlogistik Nordwest.
The financial terms of the transaction have not been disclosed.
Rising fuel and labour costs pushed Euba into insolvency
According to information contained in the insolvency proceedings, Euba’s financial difficulties were mainly attributed to sharply higher fuel costs and rising personnel expenses. Difficult conditions across the transport market added to the pressure.
When the Neuruppin Local Court ordered provisional insolvency administration at the end of April, Euba still employed around 145 people and had most recently generated annual revenue of approximately €18 million. Operations continued throughout the proceedings.
Earlier reports on the case had already highlighted the financial strain affecting the company, which had been operating for more than 76 years. Rising costs put significant pressure on the carrier’s liquidity.
Insolvency proceedings were formally opened on 1 August 2026 because of the company’s inability to pay its debts and its over-indebtedness. The acquired business units were transferred to DGL on the same day.
Radeberger and Veltins own DGL
DGL’s ownership structure is relevant to the transaction. The company is a joint venture between Radeberger Gruppe and Brauerei C. & A. Veltins, specialising in logistics for the beverage industry and retail.
The transaction is therefore not a conventional carrier takeover of part of Euba’s business. Backed by two major German brewing groups, DGL is expanding its own transport resources.
DGL says the additional capacity will primarily help maintain goods flows in the beverage wholesale market over the long term.
The aim is also to maintain continuity for Euba’s existing customers. DGL CEO Markus Rütters said:
For Euba Logistic’s existing customers, the investment provides dependable service. Their familiar order-handling processes will continue, while they also gain access to the DGL Group’s broader network and financial strength.
The 70 trucks will serve customers beyond the beverage sector
The strategic value of the deal extends beyond beverage logistics.
DGL plans to deploy the acquired capacity in other industries as well. This should help the group manage seasonal fluctuations in its core business more effectively.
The commercial rationale is partly linked to seasonality: beverage logistics is strongly affected by seasonal peaks. Customers from other sectors could help keep vehicles and staff better utilised outside the busiest periods.
The acquisition therefore gives DGL more than additional trucks for existing beverage transport. It creates room to broaden the group’s forwarding and transport activities.
An asset deal rather than a conventional takeover
DGL is not acquiring Euba as a company. Instead, it is taking over key assets and business units through an asset deal. The parties have not specified which components beyond the fleet are included or how the acquired operations will be integrated into the group. The purchase price has not been disclosed.
For Euba, the transaction removes uncertainty about the continuation of a substantial part of its operating business. DGL, meanwhile, is using the insolvency proceedings to expand its transport activities and pursue opportunities beyond beverage logistics.
