sur STEF (EPA:STF)
STEF: External growth
Langdons, a subsidiary of the STEF Group, has announced the acquisition of Long Lane Deliveries, specialising in the transport and logistics of food products in Scotland and the United Kingdom. This transaction is part of STEF's strategy to strengthen its territorial network and its service offering in the food supply chain sector.
Established in 2002, Long Lane Deliveries employs 330 people and has a fleet of 140 vehicles spread across two sites in Scotland. Langdons, which has been part of the STEF Group since 2022, has 1,400 employees and a fleet of 750 vehicles, operating across eight sites in the UK.
Arran Osman, Managing Director of Langdons, expressed his enthusiasm for the collaboration, highlighting the shared values and the opportunity to strengthen their offering of high value-added solutions. James and David Myles, Directors of Long Lane Deliveries, also see this acquisition as a unique opportunity for integration and complementarity with Langdons and STEF.
R. H.
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