STEF finalizes the acquisition of Christian Cavegn AG

The STEF Group announces the full acquisition of Christian Cavegn AG by its subsidiary STEF Switzerland. Following the necessary consultations, the agreement is now final, marking a crucial step in temperature-controlled food transport and logistics in Switzerland. This merger enables geographical complementarity and an expanded service offering, creating a benchmark in the Swiss market.

STEF Switzerland, founded as SGF in 1927 and integrated into the STEF Group in 2009, has 280 employees and 60 vehicles across five Swiss locations. It relies on STEF's European network for its frozen food expertise. Christian Cavegn AG, a family business dating back to 1916, employs 450 people and operates 400 vehicles across nine locations, specializing in the transport of fresh and frozen food products.

This acquisition allows STEF Suisse to strengthen its presence in Switzerland and Europe, offering a wide range of transport and logistics services. However, the agreement excludes the activities of Cargo Grischa AG. Hans-Peter Harnish of STEF Suisse and the management of Christian Cavegn AG emphasize the creation of an ambitious joint project, capitalizing on synergies while maintaining the DNA and excellence of the services provided by each entity.