STEF acquires Spanish cold chain logistics provider Transports Badosa

STEF has acquired Transports Badosa, a Catalonia-based provider of temperature controlled logistics services which reported revenues of €12.6m in 2016.

Founded in 1970, Badosa has a 3,100 sq m ‘refrigerated platform’ at Les Preses in north-eastern Spain, a fleet of 34 vehicles and 76 employees.

Angel Lecanda, Managing Director of STEF Iberia, commented: “With the acquisition of TRANSPORTS BADOSA, a well-known family business with a strong reputation in our sector, we are reinforcing our resources in Southern Europe. Together, we will offer high value added solutions, particularly in refrigerated groupage, one of the main area of STEF Group’s development in Spain.”

Source: STEF