Paris, France: Stef is set to buy Netherlands-based Bakker Logistiek subject to approval by Dutch regulators. Closing is expected to occur in the first quarter of 2024. This acquisition will strengthen Stef’s territorial coverage and broaden the range of transport, logistics and packaging services dedicated to food products.
Bakker Logistiek, a fourth-generation family group, handles logistics and packaging for ambient and chilled foods in the Netherlands with 1,400 employees and 325 vehicles. Turnover is €150m and it has six sites and three locations: Zeewolde, Tilburg and Heerenveen, with 170,000m² and 205,000 pallet places. Stef has operated in the Netherlands since 2014 and has four sites in locations: Bodegraven, Eindhoven and Raalte.
Christophe Gorin, general manager northern Europe Stef Group, said: “We are delighted with this agreement with Bakker Logistiek, which is in line with our strategy as a pure player in the food supply chain and strengthens our foothold in Northern Europe. The merger is motivated by the many complementarities and synergies between our two companies, as well as the recognised expertise of our teams. It will enable us to build a new first-rate range of services to support our customers in their national and international development”.
Jan Prins, chief executive, Baker Logistiek, said: “We are proud of the development of Bakker Logistiek during the past years. Thanks to the efforts of our committed employees, a wonderful company has been built. With this acquisition by Stef we are taking a great step towards realising our national and international ambitions. Our customers will have access to an extensive professional network in the Netherlands and Europe. This allows us to further shape our continuity as a stable and sustainable chain partner in the food sector.”
