STEF expands in Italy

The STEF Group announced today its takeover of part of the activities of the Italian leader in frozen food logistics – the Marconi Group. This external growth operation allows STEF to pursue its international development strategy and strengthen its European network dedicated to frozen food logistics.

The STEF Group acquires, through ImmoSTEF Italia, their property company specialised in refrigerated real estate, one of the biggest frozen foods logistics platforms in Europe located in Fidenza (Parma) as well as a warehouse in Ascoli Piceno (in the Marche region). Read the Press Release here