At a glance
Established in 1991
The Group consists of Med Frigo, Cargo Med and Med Energy
Location: operates in Greece and Europe
The only company in Greece that serves the aquaculture market
Strong revenue growth over the past 4 years
The Group is amongst the 5 largest European companies in sea foods products distribution, has 55 ramps for loading and unloading (8,000 Loads handled by Med Frigo in 2023) and a fleet of 350 refrigerated trucks (70 owned by Cargo Med). Moreover, the Group has 400 points of delivery of aquaculture products in Europe and moves 2.300T of products.
The Group owns modern infrastructure with state-of-the-art equipment, while its distribution and logistics centers own 19,000m² of refrigerated storage areas operating 24/7/365 in key strategic locations as Patra, Igoumenitsa, Athens and Thessaloniki.
The Group operates at a very attractive EBITDA margin, which has significantly improved during the last four years, from 16% in FY19 to 20% in FY22.