OB Streem Acquires Med Frigo to Expand Logistics Footprint

On July 13, 2026, H.I.G. Capital announced that OB Streem, a company in its portfolio, has completed the acquisition of Med Frigo S.A. Med Frigo is a significant player in temperature-controlled logistics across Europe, especially prominent in the Greek aquaculture export market. This acquisition strengthens OB Streem's position and expands its services in temperature-controlled transportation and logistics.

OB Streem operates a comprehensive logistics platform across Europe, offering various storage and transportation services. The acquisition aligns with its strategic growth, supported by recent financing from European banks. CEO Alexandros Karafillides sees this as a pivotal growth milestone, bringing new opportunities and enhanced capabilities to the company.

Stelios Theodosiou from H.I.G. Realty emphasized the unique value this acquisition adds, leveraging Med Frigo's expertise with OB Streem's infrastructure. The merger is positioned to optimize operational efficiencies and deepen customer relations.