Following an initial acquisition of a minority stake at the end of 2021, Stef has announced the acquisition by its Italian subsidiary, Stef Frozen Italia, of the remaining share capital of Intermedia, the Italian company at the head of the SVAT transport and logistics group, which specializes in frozen foods.

SVAT operates a network of four temperature-controlled sites. Its head office is located in Nogarole Rocca, near Verona, in a fast-growing industrial and logistics zone, where it owns and operates a refrigerated warehouse.

The acquisition of this company, which employs around 240 people and had sales of 69 million euros in 2021, thus enables the French group to reinforce its leadership in frozen foods in Italy, particularly in transport.

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