Nagel-Group sells operations to STEF

German-owned European food logistics company Nagel-Group is to sell its operations in Belgium, the Netherlands and Italy to Paris-based temperature-controlled specialist STEF Group. STEF Group will acquire five sites in Italy, Belgium and the Netherlands, with total turnover of approx. €95m and around 200 employees, subject to approval by the German competition authority. The two companies will enter into distribution agreements allowing Nagel-Group to make use of STEF’s distribution network in ... [+]

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