STEF: directors' dealings · France · AMF

About STEF

STEF is the European leader in temperature-controlled transport and logistics services, focused on fresh, frozen and otherwise temperature-sensitive food products. Listed in France under ISIN FR0000064271, the group holds a reference position in the cold chain through an integrated model combining road transport, warehousing and logistics, maritime operations and distribution solutions dedicated to the agri-food industry. Its role is central in connecting producers, food manufacturers, retailers, foodservice operators and ultimately consumers. The company’s roots go back more than a century. STEF highlights over 100 years of experience, reflecting a long build-out of capabilities around temperature-controlled logistics and a strategy of being as close as possible to production and consumption areas. Over time, the company has expanded through a mix of organic growth and targeted acquisitions, steadily strengthening its European footprint. STEF also emphasises its financial independence and a distinctive employee share ownership model, with management and employees holding a substantial portion of the share capital. STEF’s business is built around two main pillars. First, temperature-controlled transport, mainly through a dense network covering pallet distribution and full-truckload flows. Second, logistics activities, including warehousing, order picking, platform operations and value-added services for manufacturers and retailers. The group also develops complementary expertise in logistics real estate, information systems and energy optimisation for its sites, which supports operational efficiency and the company’s broader energy-transition agenda. The group operates a unique territorial network in Europe, with a presence in 8 countries: France, Italy, Spain, Portugal, the United Kingdom, Belgium, the Netherlands and Switzerland. STEF runs around 300 warehouses and hubs, giving it broad coverage close to both production areas and end markets. This geographic density is a key competitive advantage in a sector where proximity, reliability and strict cold-chain compliance are critical. In 2024, STEF reported revenue of €4.8 billion and employed around 25,000 people. The company positions itself as a strategic player in European food supply security, supported by specialised service lines, high capital intensity and a hard-to-replicate operational network. Its leadership position, sector visibility and ability to integrate acquisitions make it a benchmark listed company in temperature-controlled food logistics.