EOS Hellenic Renaissance Fund (“EHRF”) announces its exit of Med Frigo Group
EOS Capital Partners (“EOS”), manager of the EOS Hellenic Renaissance Fund (“EHRF”), announced on Friday, November 14th, 2025, the signing of a definitive agreement to sell its stake in Med Frigo Group (the “Company”), a leading provider of Integrated Food Logistics Services and National & International Transportation of Temperature-Controlled Products, to OB Streem Group.
About Med Frigo Group
Founded in 1991 in Patras, Med Frigo Group is one of the most prominent Greek companies with international recognition in the field of International Transportation and Logistics in a temperature-controlled environment. It provides services under an Integrated Quality System with relevant certifications, consistently and efficiently connecting the Greek and European markets and vice versa.
With a legacy exceeding 34 years, Med Frigo Group operates four strategically located distribution centers in Patras, Igoumenitsa, Aspropyrgos, and Thessaloniki. The Company manages a modern, dedicated fleet of refrigerated trucks backed by an extensive European partner network. This infrastructure enables Med Frigo to reliably deliver uninterrupted, around-the-clock product supply to 16 countries and over 600 destinations, adhering to a schedule of weekly departures. As a pioneer and acknowledged leader in cold chain logistics, Med Frigo specializes in the transport of food, pharmaceuticals, and other highly perishable goods, establishing itself among the largest European companies focused on aquaculture product transportation.
EHRF’s strategic investment of €10 million in Med Frigo in 2023 was made alongside co-investors Elikonos 2 S.C.A. SICAR, Pyletech Limited, and Mr. Antonis Mavridoglou, who also assumed the role of CEO. Between 2023 and 2025, Med Frigo experienced significant growth, successfully completing the construction and operational launch of a new facility in Aspropyrgos, expanding its footprint in key European markets, increasing its market share in established business segments, and strengthening its presence in Northern Greece through strategic expansion in Igoumenitsa. Shareholders also prioritized corporate governance enhancements and personnel development.
The acquisition of Med Frigo by OB Streem Group – one of the foremost providers of integrated supply chain solutions in Greece and Southeastern Europe – validates the strength of Med Frigo’s business model. The complementarities between Med Frigo and OB Streem’s operations are expected to drive further growth of the Company within a larger corporate group.
Nicholas Chryssanthopoulos, Senior Partner at EOS Capital Partners, commented: “We are very satisfied with the successful acquisition of Med Frigo by OB Streem, which creates significant returns for our investors and a highly promising future for the company under the OB Streem Group’s stewardship. We extend our gratitude to Elikonos, Pyletech Limited, and CEO Mr. Antonis Mavridoglou for their steadfast support of the vision we set as shareholders, the excellent and constructive collaboration throughout the years, and the successful execution of this transaction.”
About EOS Capital Partners
EOS Capital Partners is a private equity firm based in Greece, focusing on investments in mid-sized companies with substantial growth potential. The firm is dedicated to supporting dynamic enterprises with scalable geographic expansion, operational improvements, and the development of new products and services.
