The company was founded in 1907 by Heinrichräder in Kastenalsgasse.

From the smallest beginnings he began to build up his company continuously. After the First World War, the company founder bought the property at Yorckstr. 6–12, which started operations after some renovations, where it is still located today.

Heinrich Wheels rebuilt the company, which was completely destroyed by the effects of the war, with great diligence and the active support of his wife Helene. Unfortunately, the only son did not return from the war.

Heinrich Wheels died in December 1957 and his widow Helene Wheels took over the company. Through enlargement and renovation measures over the years, the company was converted to container vehicles and a waste paper press was used.

After the death of Ms. Fahrrad, the company was inherited by the authorized signatory R. Raabe, who had been with the company for more than 30 years and who continued to manage the company. On April 1, 1991 the company was handed over to his successor Johann Klein, who is still in charge of the business today. Some employees have been with the company for over 25 years.

The high-performance raw materials trading company enjoys a good reputation with its business partners far beyond Kassel.