Following the approval by the competition authorities, STEF Group and Nagel-Group announce they have finalized their agreement for the acquisition of Langdon Group Ltd by STEF Group on 31 December, 2021.
Specialized in temperature-controlled transport nationwide, Langdon Group is also a vital player in imports and exports of chilled and frozen food between the UK and continental Europe.
Its 1,400 employees and its eight sites provide excellent geographic coverage and enable it to deliver to 20,000 locations throughout Great Britain. The company handles close to 2.7m pallets a year on behalf of its 2,000 customers and recorded a £147m turnover in 2020.
The acquisition of Langdon Group represents an important step in STEF Group’s network development strategy and an 8th country of operation in Europe. It also allows Nagel-Group to progress in its strategy of concentrating its resources on its European activities, while maintaining a strong partner in the UK.
About STEF– STEF is a pure player in the food supply chain. Today, the Group pools an unparalleled, comprehensive range of expertise that has made it the European leader in temperature-controlled transport and logistics services (-25 °C to +15 °C). STEF has 19,000 employees and 250 sites across eight European countries, and achieved turnover of €3.1bn in 2020.
About Nagel-Group: The Nagel-Group, headquartered in Versmold/East Westphalia, is a family-owned company operating throughout Europe and specialising in food logistics. The group employs more than 12,000 people at over 130 European locations.