OB Streem Acquires Med Frigo to Consolidate Southeast European Logistics

Founded in 1991, Med Frigo serves as a primary link for Greek aquaculture producers, managing fresh fish exports through a dedicated cold-chain network. By absorbing this operation, OB Streem gains critical cold-storage capacity and optimized round-trip capabilities, strengthening its position as a dominant logistics player in the Southeast European market.

This expansion arrives alongside a leadership transition at OB Streem, which recently appointed Alexandros Karafillides as Chief Executive Officer. Karafillides, a veteran with over 25 years of international consumer goods experience, aims to leverage the combined group’s scale to enhance operational efficiencies across its eight-country footprint. The acquisition was supported by a new financing agreement with a consortium of European banks, providing the necessary capital to scale the group’s integrated service model.