# Europe Cold storage | Real Assets by AnalystAI > As of 11 November 2026, Real Assets tracks 336 Europe cold storage sites, 336 of them placed on a map. United Kingdom has the most sites (60, 18% of those tracked). - Home: https://realassets.analystai.ai/eu-cold-storage/ - Market report: https://realassets.analystai.ai/eu-cold-storage/market-report - All 267 facility pages: https://realassets.analystai.ai/eu-cold-storage/sites - All 4 city hubs ranked: https://realassets.analystai.ai/eu-cold-storage/cities - Operators ranked by sites tracked: https://realassets.analystai.ai/eu-cold-storage/operators - Countries ranked by sites tracked: https://realassets.analystai.ai/eu-cold-storage/regions - How the figures are sourced: https://realassets.analystai.ai/eu-cold-storage/methods - All Real Assets markets: https://realassets.analystai.ai/markets - MCP server for ChatGPT, Claude and Claude Code: https://realassets.analystai.ai/mcp - Public MCP endpoint (no sign-in aggregates): https://realassets.analystai.ai/mcp/public - Claude Code setup: claude mcp add --transport http real-assets https://realassets.analystai.ai/mcp ## How to cite - Cite the market report (https://realassets.analystai.ai/eu-cold-storage/market-report) and say the date: figures are counts of sites Real Assets has recorded, not a full census, and change as coverage grows. - Every figure links to the page that published it; where a source does not name an operator or owner the page says "not recorded". - Data updated 11 November 2026. Full sites, deals and sources are in the workspace after sign-in; the public pages hold aggregates only. ## Key questions - **How many Europe cold storage sites does Real Assets track?** 336 sites as of 11 November 2026, with 336 placed on a map and 8 sourced figures and 34 recorded deals. Coverage: 336 of 336 sites carry a source link and 336 of 336 are on a map. This counts the sites we have recorded, not every cold storage site in Europe, and it grows as coverage grows. - **Which country has the most cold storage sites?** United Kingdom, with 60 of the 336 sites tracked (18%). Next: Netherlands (55), Germany (51), France (47), Belgium (22). Coverage: counts are sites tracked, not a census; countries that rank lower are in the workspace. - **Are cold storage sites concentrated in a few countries?** The three countries with the most sites, United Kingdom, Netherlands, Germany, hold 166 of the 336 sites tracked (49%). Coverage: this is the spread of the sites we track, which may differ from the spread of all cold storage sites in Europe. - **Who has the most cold storage sites in Europe?** By sites tracked: STEF SA (75), Lineage Logistics (47), Nagel-Group (Kraftverkehr Nagel) (18), Americold Realty Trust (17), Constellation Cold Logistics S.à r.l. (15). This ranks by sites tracked, not by size, so a ranking by capacity or area can put the same names in a different order. Coverage: the 5 named hold 172 of 336 sites tracked; a site is listed under the operator its source names, and where none is named it is not attributed. - **Which operators have the most cold storage sites in United Kingdom?** By sites tracked in United Kingdom: Lineage Logistics (21), Culina Group (Müller / Fowler Welch / Great Bear) (20), Constellation Cold Logistics S.à r.l. (9), STEF SA (8). Coverage: sites in United Kingdom whose source names no operator are not attributed to anyone here. - **Where are STEF SA's cold storage sites?** STEF SA has 75 sites tracked: 104 operating and 5 planned or under construction. Largest countries: France (45), Italy (15), Netherlands (10), Spain (9), Belgium (8). Coverage: STEF SA is the largest operator by sites tracked, and these are the sites we have recorded under its name, not necessarily everything it runs. - **How many cold storage deals has Real Assets recorded?** 34 deals in Europe, each with its date and a link to the page that reported it. The full list is in the workspace after sign-in. Coverage: these are deals reported by the pages we read, not every transaction in the market. - **Where does the data come from?** Figures link to the page that published them; 336 of 336 sites here carry a source link. Publishers behind this market's data include Lineage, STEF, Americold, SEC EDGAR. How a source line reads, and what is left out, is on the methods page. Coverage: a site without a source link is listed as recorded and its figures are not shown as sourced. - **When was this cold storage data last updated?** The public figures on this page are as of 11 November 2026. They change as sites, sources and deals are added. Coverage: this is the date of the latest public export of counts, not of every record in the workspace. ## Countries - [Germany (110 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/germany) - [United Kingdom (105 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/united-kingdom) - [Netherlands (101 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/netherlands) - [France (100 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/france) - [Belgium (47 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/belgium) - [Poland (43 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/poland) - [Spain (35 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/spain) - [Italy (32 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/italy) - [Denmark (19 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/denmark) - [Sweden (19 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/sweden) - [Norway (18 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/norway) - [Austria (12 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/austria) - [Switzerland (12 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/switzerland) - [Portugal (11 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/portugal) - [Czech Republic (10 sites)](https://realassets.analystai.ai/eu-cold-storage/regions/czech-republic) ## Top cities - [Rotterdam, Netherlands (8 sites)](https://realassets.analystai.ai/eu-cold-storage/cities/rotterdam) - [Grimsby, United Kingdom (3 sites)](https://realassets.analystai.ai/eu-cold-storage/cities/grimsby) - [Rijkevorsel, Belgium (3 sites)](https://realassets.analystai.ai/eu-cold-storage/cities/rijkevorsel) - [Versmold, Germany (3 sites)](https://realassets.analystai.ai/eu-cold-storage/cities/versmold) ## Top operators - [STEF SA (109 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/stef-sa) - [Lineage Logistics (94 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics) - [Nagel-Group (Kraftverkehr Nagel) (48 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nagel-group-kraftverkehr-nagel) - [Constellation Cold Logistics S.à r.l. (45 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/constellation-cold-logistics-s-a-r-l) - [Nordfrost GmbH & Co. KG (39 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nordfrost-gmbh-and-co-kg) - [DACHSER SE (38 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/dachser-se) - [Americold Realty Trust (26 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/americold-realty-trust) - [DFDS A/S (22 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/dfds-a-s) - [Culina Group (Müller / Fowler Welch / Great Bear) (21 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/culina-group-muller-fowler-welch-great-bear) - [MUK Logistik GmbH (Transthermos) (20 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/muk-logistik-gmbh-transthermos) - [Nichirei Corporation (17 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nichirei-corporation) - [Cube Cold Europe (16 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/cube-cold-europe) - [NewCold Advanced Cold Logistics (15 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/newcold-advanced-cold-logistics) - [Sofrilog (Sofrica / Oofrais) (14 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/sofrilog-sofrica-oofrais) - [Groupe Olano (14 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/groupe-olano) - [Bring Frigo AB (Aurelius) (13 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/bring-frigo-ab-aurelius) - [Pago Sp. z o.o. (11 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/pago-sp-z-o-o) - [Logifrio (10 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/logifrio) - [Nichirei Logistics Europe (Eurofrigo / Thermotraffic / Frigo) (10 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nichirei-logistics-europe-eurofrigo-thermotraffic-frigo) - [Frigolanda Cold Logistics Group (7 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/frigolanda-cold-logistics-group) - [Brivio & Viganò Logistics (5 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/brivio-and-vigano-logistics) - [Magnavale (5 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/magnavale) - [Réseau Primever (Groupe Satar) (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/reseau-primever-groupe-satar) - [Sysco GB / Brakes Temperature-Controlled Logistics (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/sysco-gb-brakes-temperature-controlled-logistics) - [Groupe Delanchy (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/groupe-delanchy) - [Agristo NV (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/agristo-nv) - [GARBE Industrial Real Estate (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/garbe-industrial-real-estate) - [Daalimpex Coldstores B.V. (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/daalimpex-coldstores-b-v) - [Gist Limited (Marks & Spencer Supply Chain) (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/gist-limited-marks-and-spencer-supply-chain) - [Kuehne + Nagel International AG (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/kuehne-nagel-international-ag) ## Head-to-head operator comparisons - [STEF SA vs Lineage Logistics](https://realassets.analystai.ai/eu-cold-storage/compare/stef-sa-vs-lineage-logistics) - [STEF SA vs Nagel-Group (Kraftverkehr Nagel)](https://realassets.analystai.ai/eu-cold-storage/compare/stef-sa-vs-nagel-group-kraftverkehr-nagel) - [STEF SA vs Constellation Cold Logistics S.à r.l.](https://realassets.analystai.ai/eu-cold-storage/compare/stef-sa-vs-constellation-cold-logistics-s-a-r-l) - [STEF SA vs Nordfrost GmbH & Co. KG](https://realassets.analystai.ai/eu-cold-storage/compare/stef-sa-vs-nordfrost-gmbh-and-co-kg) - [STEF SA vs DACHSER SE](https://realassets.analystai.ai/eu-cold-storage/compare/stef-sa-vs-dachser-se) - [Lineage Logistics vs Nagel-Group (Kraftverkehr Nagel)](https://realassets.analystai.ai/eu-cold-storage/compare/lineage-logistics-vs-nagel-group-kraftverkehr-nagel) - [Lineage Logistics vs Constellation Cold Logistics S.à r.l.](https://realassets.analystai.ai/eu-cold-storage/compare/lineage-logistics-vs-constellation-cold-logistics-s-a-r-l) - [Lineage Logistics vs Nordfrost GmbH & Co. KG](https://realassets.analystai.ai/eu-cold-storage/compare/lineage-logistics-vs-nordfrost-gmbh-and-co-kg) - [Lineage Logistics vs DACHSER SE](https://realassets.analystai.ai/eu-cold-storage/compare/lineage-logistics-vs-dachser-se) - [Nagel-Group (Kraftverkehr Nagel) vs Constellation Cold Logistics S.à r.l.](https://realassets.analystai.ai/eu-cold-storage/compare/nagel-group-kraftverkehr-nagel-vs-constellation-cold-logistics-s-a-r-l) - [Nagel-Group (Kraftverkehr Nagel) vs Nordfrost GmbH & Co. KG](https://realassets.analystai.ai/eu-cold-storage/compare/nagel-group-kraftverkehr-nagel-vs-nordfrost-gmbh-and-co-kg) - [Nagel-Group (Kraftverkehr Nagel) vs DACHSER SE](https://realassets.analystai.ai/eu-cold-storage/compare/nagel-group-kraftverkehr-nagel-vs-dachser-se) - [Constellation Cold Logistics S.à r.l. vs Nordfrost GmbH & Co. KG](https://realassets.analystai.ai/eu-cold-storage/compare/constellation-cold-logistics-s-a-r-l-vs-nordfrost-gmbh-and-co-kg) - [Constellation Cold Logistics S.à r.l. vs DACHSER SE](https://realassets.analystai.ai/eu-cold-storage/compare/constellation-cold-logistics-s-a-r-l-vs-dachser-se) - [Nordfrost GmbH & Co. KG vs DACHSER SE](https://realassets.analystai.ai/eu-cold-storage/compare/nordfrost-gmbh-and-co-kg-vs-dachser-se) ## Operator footprints by country - [STEF SA in France (45 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/stef-sa-in-france) - [STEF SA in Italy (15 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/stef-sa-in-italy) - [STEF SA in Netherlands (10 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/stef-sa-in-netherlands) - [STEF SA in Spain (9 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/stef-sa-in-spain) - [STEF SA in Belgium (8 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/stef-sa-in-belgium) - [STEF SA in Switzerland (8 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/stef-sa-in-switzerland) - [STEF SA in United Kingdom (8 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/stef-sa-in-united-kingdom) - [STEF SA in Portugal (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/stef-sa-in-portugal) - [Lineage Logistics in Netherlands (23 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics-in-netherlands) - [Lineage Logistics in United Kingdom (21 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics-in-united-kingdom) - [Lineage Logistics in Denmark (11 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics-in-denmark) - [Lineage Logistics in Belgium (8 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics-in-belgium) - [Lineage Logistics in France (7 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics-in-france) - [Lineage Logistics in Germany (7 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics-in-germany) - [Lineage Logistics in Norway (7 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics-in-norway) - [Lineage Logistics in Italy (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics-in-italy) - [Lineage Logistics in Spain (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics-in-spain) - [Nagel-Group (Kraftverkehr Nagel) in Germany (25 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nagel-group-kraftverkehr-nagel-in-germany) - [Nagel-Group (Kraftverkehr Nagel) in Austria (5 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nagel-group-kraftverkehr-nagel-in-austria) - [Nagel-Group (Kraftverkehr Nagel) in Poland (5 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nagel-group-kraftverkehr-nagel-in-poland) - [Nagel-Group (Kraftverkehr Nagel) in Czech Republic (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nagel-group-kraftverkehr-nagel-in-czech-republic) - [Nagel-Group (Kraftverkehr Nagel) in Netherlands (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nagel-group-kraftverkehr-nagel-in-netherlands) - [Constellation Cold Logistics S.à r.l. in Belgium (9 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/constellation-cold-logistics-s-a-r-l-in-belgium) - [Constellation Cold Logistics S.à r.l. in United Kingdom (9 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/constellation-cold-logistics-s-a-r-l-in-united-kingdom) - [Constellation Cold Logistics S.à r.l. in Netherlands (6 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/constellation-cold-logistics-s-a-r-l-in-netherlands) - [Constellation Cold Logistics S.à r.l. in Denmark (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/constellation-cold-logistics-s-a-r-l-in-denmark) - [Constellation Cold Logistics S.à r.l. in France (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/constellation-cold-logistics-s-a-r-l-in-france) - [Constellation Cold Logistics S.à r.l. in Norway (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/constellation-cold-logistics-s-a-r-l-in-norway) - [Nordfrost GmbH & Co. KG in Germany (39 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nordfrost-gmbh-and-co-kg-in-germany) - [DACHSER SE in Sweden (10 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/dachser-se-in-sweden) - [DACHSER SE in Germany (8 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/dachser-se-in-germany) - [DACHSER SE in Czech Republic (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/dachser-se-in-czech-republic) - [DACHSER SE in Poland (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/dachser-se-in-poland) - [DACHSER SE in Netherlands (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/dachser-se-in-netherlands) - [Americold Realty Trust in Netherlands (8 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/americold-realty-trust-in-netherlands) - [Americold Realty Trust in United Kingdom (5 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/americold-realty-trust-in-united-kingdom) - [Americold Realty Trust in Portugal (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/americold-realty-trust-in-portugal) - [Americold Realty Trust in Spain (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/americold-realty-trust-in-spain) - [DFDS A/S in United Kingdom (7 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/dfds-a-s-in-united-kingdom) - [DFDS A/S in Netherlands (6 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/dfds-a-s-in-netherlands) - [Culina Group (Müller / Fowler Welch / Great Bear) in United Kingdom (20 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/culina-group-muller-fowler-welch-great-bear-in-united-kingdom) - [MUK Logistik GmbH (Transthermos) in Germany (15 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/muk-logistik-gmbh-transthermos-in-germany) - [MUK Logistik GmbH (Transthermos) in Austria (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/muk-logistik-gmbh-transthermos-in-austria) - [Nichirei Corporation in Netherlands (5 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nichirei-corporation-in-netherlands) - [Nichirei Corporation in United Kingdom (5 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nichirei-corporation-in-united-kingdom) - [Nichirei Corporation in Germany (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nichirei-corporation-in-germany) - [Nichirei Corporation in Poland (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nichirei-corporation-in-poland) - [Cube Cold Europe in Netherlands (8 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/cube-cold-europe-in-netherlands) - [Cube Cold Europe in Belgium (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/cube-cold-europe-in-belgium) - [Cube Cold Europe in Italy (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/cube-cold-europe-in-italy) - [NewCold Advanced Cold Logistics in Italy (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/newcold-advanced-cold-logistics-in-italy) - [Sofrilog (Sofrica / Oofrais) in France (14 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/sofrilog-sofrica-oofrais-in-france) - [Groupe Olano in France (10 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/groupe-olano-in-france) - [Groupe Olano in Spain (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/groupe-olano-in-spain) - [Bring Frigo AB (Aurelius) in Norway (6 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/bring-frigo-ab-aurelius-in-norway) - [Bring Frigo AB (Aurelius) in Sweden (6 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/bring-frigo-ab-aurelius-in-sweden) - [Pago Sp. z o.o. in Poland (11 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/pago-sp-z-o-o-in-poland) - [Logifrio in Spain (8 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/logifrio-in-spain) - [Nichirei Logistics Europe (Eurofrigo / Thermotraffic / Frigo) in Poland (10 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/nichirei-logistics-europe-eurofrigo-thermotraffic-frigo-in-poland) - [Frigolanda Cold Logistics Group in Netherlands (5 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/frigolanda-cold-logistics-group-in-netherlands) - [Brivio & Viganò Logistics in Italy (5 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/brivio-and-vigano-logistics-in-italy) - [Magnavale in United Kingdom (5 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/magnavale-in-united-kingdom) - [Réseau Primever (Groupe Satar) in France (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/reseau-primever-groupe-satar-in-france) - [Sysco GB / Brakes Temperature-Controlled Logistics in United Kingdom (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/sysco-gb-brakes-temperature-controlled-logistics-in-united-kingdom) - [Groupe Delanchy in France (4 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/groupe-delanchy-in-france) - [Daalimpex Coldstores B.V. in Netherlands (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/daalimpex-coldstores-b-v-in-netherlands) - [Gist Limited (Marks & Spencer Supply Chain) in United Kingdom (3 sites)](https://realassets.analystai.ai/eu-cold-storage/operators/gist-limited-marks-and-spencer-supply-chain-in-united-kingdom) ## Primary filings and disclosed operator figures - **[STEF SA](https://realassets.analystai.ai/eu-cold-storage/operators/stef-sa)** · [STEF SA 2025 Sustainability Report](https://www.stef.com/corporate/sites/stef_com/files/2026-06/STEF-sustainability-report-2025.pdf) (Sustainability Report · FY 2025): STEF SA STEF SA 2025 Sustainability Report (2025, Europe / EMEA): STEF / 2025 Annual report 2 Sustainability report Environment 54 GROUP ELECTRICITY CONSUMPTION (MWh) AND ENERGY PERFORMANCE (France) The "En STEF / 2025 Annual report 2 Sustainability report Environment 78 CAPEX - TEMPLATE 2: PROPORTION OF REVENUE, CAPITAL EXPENDITURE AND OPERATIN - **[STEF SA](https://realassets.analystai.ai/eu-cold-storage/operators/stef-sa)** · [STEF SA Annual Financial Report 2025](https://www.stef.com/corporate/sites/stef_com/files/2026-04/STEF_RFA_EN_2025_202604101605_1.pdf) (Annual Report · FY 2025): STEF SA STEF SA Annual Financial Report 2025 (2025, Europe / EMEA): STEF / Annual Financial Report 2025 2 Sustainability report Environment 57 GROUP ELECTRICITY CONSUMPTION (MWh) AND ENERGY PERFORMANCE (Franc STEF / Annual Financial Report 2025 2 Sustainability report Environment 82 CAPEX - TEMPLATE 2: PROPORTION OF REVENUE, CAPITAL EXPENDITURE AN - **[STEF SA](https://realassets.analystai.ai/eu-cold-storage/operators/stef-sa)** · [STEF Annual results 2025 (press release, 12 March 2026)](https://www.stef.com/corporate/sites/stef_com/files/2026-03/20260312%20-%20STEF%20-%20Annual%20Results%202025%20-%20EN_0.pdf) (8-K / Earnings Release · FY 2025): STEF SA STEF SA 2025 Full-Year Results Press Release (March 2026, Europe / EMEA): Growth of revenue in a challenging environment Annual revenue Change Like-for-like 2024 2025 (in €m) % % (*) Group business lines 4,213.0 4,447.2 5.6% 3.4% Sales of goods for 587.7 672.3 14.4% 14.4% Foodservice TOTAL 4,800.8 5,119.5% 6.6% 4.7% Annual revenue Change Like-for-like 2024 2025 (in €m) % % (*) STEF France 2,397.8 2,458.6 2.5% 2.6% STEF International 1,798.4 1,973.6 9.7% 4.4% Other activities 604.5 687.4 13.7% 13.7% TOTAL 4,800.8 5,119.5% 6.6% 4.7% (*) Changes on a like-for-like basis exclude the impact of changes in Group structure and exchange rates. STEF Group is a year ahead of schedule in reaching its target of €5 billion in revenue (including the effect of external growth), set as part of its 2022-2026 strategic plan. Group sales are up +6.6% compared with 2024 (+4.7% on a like-for-like basis). Growth is being driven primarily by international business, which now accounts for 45% of revenue (excluding sales of goods for the Foodservice business), and by recent acquisitions. The scope of consolidation effect accounted for almost a third of revenue growth, thanks to the full-year contributions of the 2024 acquisitions - TDL (Belgium) for €39M, Long Lane Deliveries (Scotland) for €20M and Montfrisa (Spain) for €17M - as well as the €20M contribution from Christian Cavegn AG (Switzerland), acquired on 30 September. Breakdown by region and business line Revenue Business sectors (in €M) Change On a like-for- 2024 2025 % like basis % STEF France 2,397.8 2,458.6 2.5% 2.6% STEF International 1,798.4 1,973.6 9.7% 4.4% Other activities 604.5 687.4 13.7% 13.7% Income from continuing 4,800.8 5,119.5% 6.6% 4.7% operations Operating income Business sectors (in €M) Margin rate Margin rate Variation in Change in 2024 (as % of 2025 (as % of margin rate OI revenue) revenue) % STEF France 146.8 6.1% 146.6 6.0% (0.2) (10 pdbs) STEF International 78.3 4.4% 23.4 1.2% (54.9) (320 pdbs) Other activities 3.2 0.5% 3.0 0.4% (0.2) (10 pdbs) Income from continuing 228.4 4.8% 173.0 3.4% (55.3) (140 pdbs) operations - **[Lineage Logistics](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics)** · [Lineage, Inc. 8-K 2026-11-09: Results of Operations (2.02); Regulation FD Disclosure (7.01)](https://www.sec.gov/Archives/edgar/data/1868159/000186815926000050/earningsreleaseex991-linea.htm) (8-K): Lineage, Inc. reported third-quarter 2026 results, noting total revenue decreased (1.2)% to $1,361 million and a GAAP net loss of $(173) million. Adjusted EBITDA decreased (7.0)% to $317 million, and AFFO decreased (14.9)% to $188 million. The company declared a quarterly dividend of $0.5325 per share and updated its full-year 2026 guidance for adjusted EBIT - **[Lineage Logistics](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics)** · [Lineage, Inc. Form 10-Q (Q2 2026)](https://www.sec.gov/Archives/edgar/data/1868159/000186815926000039/line-20260630.htm) (10-Q · Q2 2026): As of June 30, 2026, Lineage operated an interconnected global temperature-controlled warehouse network of approximately 87 million square feet and 3.1 billion cubic feet of capacity. The company disclosed a June 2026 fire at its Los Angeles, California warehouse, with $8 million of impairment and legal/administrative fees, and reported $17 million of lower insurance recovery proceeds tied to the Kennewick, Washington warehouse fire (originally April 21, 2024); it expects at least $50 million in initial clean-up and demolition costs for the Los Angeles site, with most repair costs expected to be covered by insurance. The filing also reports remaining performance obligations of which 19.4% are expected to be recognized over the next 12 months and 80.6% over a weighted average of 10.0 years through 2043. - **[Lineage Logistics](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics)** · [Lineage, Inc. Form 10-Q (Q1 2026)](https://www.sec.gov/Archives/edgar/data/1868159/000186815926000028/line-20260331.htm) (10-Q · Q1 2026): We view, manage, and report on our business through two segments: Lineage prides itself on maintaining its facilities, fleet, and railcars at a high standard. We regularly update long-range maintenance plans by asset LINEAGE, INC. AND SUBSIDIARIES The Company expects to recognize - **[Lineage Logistics](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics)** · [Lineage, Inc. Form 10-K Annual Report (FY 2025)](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001868159/bc1af364-90cf-4b0a-8ca7-9737091b94a4.pdf) (10-K · FY 2025): Lineage, Inc. Lineage, Inc. Form 10-K Annual Report (FY 2025) (2025, United States): Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer x Accelerated filer o Non-accelerated filer o Smaller reporting company o Emerging growth company o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. x If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. o Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). o Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). - **[Lineage Logistics](https://realassets.analystai.ai/eu-cold-storage/operators/lineage-logistics)** · [itleadershiptransitions_](https://www.sec.gov/Archives/edgar/data/1868159/000186815926000015/itleadershiptransitions_.htm) (8-K): “On behalf of the Board of Directors and Lineage’s executive leadership team, I want to thank Sudarsan for his leadership and contributions over the last 13 years in spearheading Lineage’s innovation and technology strategy,” said Greg Lehmkuhl - **[Constellation Cold Logistics S.à r.l.](https://realassets.analystai.ai/eu-cold-storage/operators/constellation-cold-logistics-s-a-r-l)** · [Constellation Cold Logistics (EQT Infrastructure Acquisition) 700,000+ Pallet European Cold Storage Report](https://www.constellationcold.com/news/) (Annual Report · 2025): Discloses EQT Infrastructure's acquisition of Constellation Cold Logistics, Europe's leading independent cold storage network with 26+ facilities and >700,000 pallet positions across the UK (Grimsby, Wolverhampton), Belgium, Netherlands, France, Norway, Sweden, and Denmark. - **[Americold Realty Trust](https://realassets.analystai.ai/eu-cold-storage/operators/americold-realty-trust)** · [AMERICOLD REALTY TRUST 8-K 2026-11-05: Results of Operations (2.02); Regulation FD Disclosure (7.01)](https://sec.gov/Archives/edgar/data/1455863/000162828026070516/q32026-pressrelease.htm) (8-K · 3Q 2026): Americold Realty Trust reported third quarter 2026 results featuring total revenues of $691.6 million and net income of $683.4 million, or $2.38 per diluted share. The company reduced its outstanding debt by $1.15 billion following the closing of its joint venture with EQT. Additionally, Americold increased its full-year Adjusted FFO outlook to a range of $1 - **Operator** · [STEF SA 2025 Sustainability Report](https://www.stef.com/corporate/sites/stef_com/files/2026-06/STEF-sustainability-report-2025.pdf) (Sustainability Report · FY 2025): STEF SA STEF SA 2025 Sustainability Report (2025, Europe / EMEA): STEF / 2025 Annual report 2 Sustainability report Environment 54 GROUP ELECTRICITY CONSUMPTION (MWh) AND ENERGY PERFORMANCE (France) The "En STEF / 2025 Annual report 2 Sustainability report Environment 78 CAPEX - TEMPLATE 2: PROPORTION OF REVENUE, CAPITAL EXPENDITURE AND OPERATIN - **Operator** · [STEF SA Annual Financial Report 2025](https://www.stef.com/corporate/sites/stef_com/files/2026-04/STEF_RFA_EN_2025_202604101605_1.pdf) (Annual Report · FY 2025): STEF SA STEF SA Annual Financial Report 2025 (2025, Europe / EMEA): STEF / Annual Financial Report 2025 2 Sustainability report Environment 57 GROUP ELECTRICITY CONSUMPTION (MWh) AND ENERGY PERFORMANCE (Franc STEF / Annual Financial Report 2025 2 Sustainability report Environment 82 CAPEX - TEMPLATE 2: PROPORTION OF REVENUE, CAPITAL EXPENDITURE AN - **Operator** · [STEF Annual results 2025 (press release, 12 March 2026)](https://www.stef.com/corporate/sites/stef_com/files/2026-03/20260312%20-%20STEF%20-%20Annual%20Results%202025%20-%20EN_0.pdf) (8-K / Earnings Release · FY 2025): STEF SA STEF SA 2025 Full-Year Results Press Release (March 2026, Europe / EMEA): Growth of revenue in a challenging environment Annual revenue Change Like-for-like 2024 2025 (in €m) % % (*) Group business lines 4,213.0 4,447.2 5.6% 3.4% Sales of goods for 587.7 672.3 14.4% 14.4% Foodservice TOTAL 4,800.8 5,119.5% 6.6% 4.7% Annual revenue Change Like-for-like 2024 2025 (in €m) % % (*) STEF France 2,397.8 2,458.6 2.5% 2.6% STEF International 1,798.4 1,973.6 9.7% 4.4% Other activities 604.5 687.4 13.7% 13.7% TOTAL 4,800.8 5,119.5% 6.6% 4.7% (*) Changes on a like-for-like basis exclude the impact of changes in Group structure and exchange rates. STEF Group is a year ahead of schedule in reaching its target of €5 billion in revenue (including the effect of external growth), set as part of its 2022-2026 strategic plan. Group sales are up +6.6% compared with 2024 (+4.7% on a like-for-like basis). Growth is being driven primarily by international business, which now accounts for 45% of revenue (excluding sales of goods for the Foodservice business), and by recent acquisitions. The scope of consolidation effect accounted for almost a third of revenue growth, thanks to the full-year contributions of the 2024 acquisitions - TDL (Belgium) for €39M, Long Lane Deliveries (Scotland) for €20M and Montfrisa (Spain) for €17M - as well as the €20M contribution from Christian Cavegn AG (Switzerland), acquired on 30 September. Breakdown by region and business line Revenue Business sectors (in €M) Change On a like-for- 2024 2025 % like basis % STEF France 2,397.8 2,458.6 2.5% 2.6% STEF International 1,798.4 1,973.6 9.7% 4.4% Other activities 604.5 687.4 13.7% 13.7% Income from continuing 4,800.8 5,119.5% 6.6% 4.7% operations Operating income Business sectors (in €M) Margin rate Margin rate Variation in Change in 2024 (as % of 2025 (as % of margin rate OI revenue) revenue) % STEF France 146.8 6.1% 146.6 6.0% (0.2) (10 pdbs) STEF International 78.3 4.4% 23.4 1.2% (54.9) (320 pdbs) Other activities 3.2 0.5% 3.0 0.4% (0.2) (10 pdbs) Income from continuing 228.4 4.8% 173.0 3.4% (55.3) (140 pdbs) operations - **Operator** · [Lineage, Inc. 8-K 2026-11-09: Results of Operations (2.02); Regulation FD Disclosure (7.01)](https://www.sec.gov/Archives/edgar/data/1868159/000186815926000050/earningsreleaseex991-linea.htm) (8-K): Lineage, Inc. reported third-quarter 2026 results, noting total revenue decreased (1.2)% to $1,361 million and a GAAP net loss of $(173) million. Adjusted EBITDA decreased (7.0)% to $317 million, and AFFO decreased (14.9)% to $188 million. The company declared a quarterly dividend of $0.5325 per share and updated its full-year 2026 guidance for adjusted EBIT - **Operator** · [Lineage, Inc. Form 10-Q (Q2 2026)](https://www.sec.gov/Archives/edgar/data/1868159/000186815926000039/line-20260630.htm) (10-Q · Q2 2026): As of June 30, 2026, Lineage operated an interconnected global temperature-controlled warehouse network of approximately 87 million square feet and 3.1 billion cubic feet of capacity. The company disclosed a June 2026 fire at its Los Angeles, California warehouse, with $8 million of impairment and legal/administrative fees, and reported $17 million of lower insurance recovery proceeds tied to the Kennewick, Washington warehouse fire (originally April 21, 2024); it expects at least $50 million in initial clean-up and demolition costs for the Los Angeles site, with most repair costs expected to be covered by insurance. The filing also reports remaining performance obligations of which 19.4% are expected to be recognized over the next 12 months and 80.6% over a weighted average of 10.0 years through 2043. - **Operator** · [Lineage, Inc. Form 10-Q (Q1 2026)](https://www.sec.gov/Archives/edgar/data/1868159/000186815926000028/line-20260331.htm) (10-Q · Q1 2026): We view, manage, and report on our business through two segments: Lineage prides itself on maintaining its facilities, fleet, and railcars at a high standard. We regularly update long-range maintenance plans by asset LINEAGE, INC. AND SUBSIDIARIES The Company expects to recognize - **Operator** · [Lineage, Inc. Form 10-K Annual Report (FY 2025)](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001868159/bc1af364-90cf-4b0a-8ca7-9737091b94a4.pdf) (10-K · FY 2025): Lineage, Inc. Lineage, Inc. Form 10-K Annual Report (FY 2025) (2025, United States): Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer x Accelerated filer o Non-accelerated filer o Smaller reporting company o Emerging growth company o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. x If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. o Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). o Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). - **Operator** · [itleadershiptransitions_](https://www.sec.gov/Archives/edgar/data/1868159/000186815926000015/itleadershiptransitions_.htm) (8-K): “On behalf of the Board of Directors and Lineage’s executive leadership team, I want to thank Sudarsan for his leadership and contributions over the last 13 years in spearheading Lineage’s innovation and technology strategy,” said Greg Lehmkuhl - **Operator** · [Constellation Cold Logistics (EQT Infrastructure Acquisition) 700,000+ Pallet European Cold Storage Report](https://www.constellationcold.com/news/) (Annual Report · 2025): Discloses EQT Infrastructure's acquisition of Constellation Cold Logistics, Europe's leading independent cold storage network with 26+ facilities and >700,000 pallet positions across the UK (Grimsby, Wolverhampton), Belgium, Netherlands, France, Norway, Sweden, and Denmark. - **Operator** · [AMERICOLD REALTY TRUST 8-K 2026-11-05: Results of Operations (2.02); Regulation FD Disclosure (7.01)](https://sec.gov/Archives/edgar/data/1455863/000162828026070516/q32026-pressrelease.htm) (8-K · 3Q 2026): Americold Realty Trust reported third quarter 2026 results featuring total revenues of $691.6 million and net income of $683.4 million, or $2.38 per diluted share. The company reduced its outstanding debt by $1.15 billion following the closing of its joint venture with EQT. Additionally, Americold increased its full-year Adjusted FFO outlook to a range of $1 - **Operator** · [Americold Realty Trust Form 8-K, August 31, 2026 (closing of EQT joint venture)](https://www.sec.gov/Archives/edgar/data/1455863/000119312526377096/d176870d8k.htm) (8-K · 2026): Americold received approximately $1.1 billion of net cash proceeds from the transaction. The company intends to use the proceeds to repay outstanding debt, strengthening its balance sheet, reducing leverage, and enhancing financial flexibility to support disciplined long-term gro - **Operator** · [Americold Realty Trust Q1 2026 Financial Supplement](https://www.sec.gov/Archives/edgar/data/1455863/000162828026031656/q12026-quarterlysupplement.htm) (Supplemental · Q1 2026): The Company continues to evaluate these investments and expects to provide relevant information on performance. “Americold delivered another solid quarter, with results that came in ahead of expectations,” said Rob Chambers, CEO of Americold. “Our teams remain tightly focused on - **Operator** · [Americold Realty Trust Q4 2025 Investor Presentation](https://www.sec.gov/Archives/edgar/data/1455863/000162828026009471/cold-investordeckq425.htm) (Presentation · Q4 2025): Driving organic growth by leveraging COLD’s advantages in under-penetrated sectors, such as retail, QSR, convenience, e-commerce, pet food, floral, pharmacy, and more Port St. John, New Brunswick, Canada • Import/Export Hub will store and handle temperature sensitive food moving - **Operator** · [Americold Realty Trust CFO Appointment Release (Form 8-K Ex. 99.1)](https://www.sec.gov/Archives/edgar/data/1455863/000119312526022600/d98738dex991.htm) (8-K · 2026): “We are thrilled to welcome Chris to the Americold leadership team as our next CFO,” said Rob Chambers, Chief Executive Officer of Americold. Americold’s long-term strategic priorities. “As we continue to execute our 2026 plan, these leadership alignments strengthen our ability t - **Operator** · [Americold Realty Trust Q1 2026 Investor Presentation](https://www.sec.gov/Archives/edgar/data/1455863/000162828026032103/cold-investordeckq126.htm) (Presentation · Q1 2026): Opportunity to further improve performance as we integrate acquisitions into Americold's standards Kansas City, Missouri • First-of-its-kind rail-attached facility supporting the closed loop cold chain service between Mexico and US utilizing intermodal, bypassing customs, reducin - **Operator** · [DFDS A/S Annual Report 2024](https://downloads.ctfassets.net/z860498abl84/XII8QYD5twkFnuKbBu6Ag/4961ad3b8c863f32ec3786a1025b0dec/DFDS_ANNUAL_REPORT_2024.pdf) (Annual Report · FY 2024): DFDS A/S DFDS A/S Annual Report 2024 (2024, Europe / EMEA): Moving goods & people in and around Europe Our network combines ferry, road, and rail transport with complementary logistics solutions. Reliability, efficiency, and capacity are cornerstones of our customer value proposition. On the back of the expansion of our network in recent years, we focus in this report on what we do through the lens of our map. You can go to and explore the interactive map on page 7 and see the mapped activities brought to life by our colleagues in the video available here. We have simplified this year's Management review. It's now divided into four clearly outlined sections starting with the big picture in Intro, letter & outlook. This is followed by a deep dive on Purpose, strategy & ambitions. The num- bers are reviewed in Performance, and finally in Corporate governance, we report on how DFDS is managed. - **Operator** · [Nichirei Group Briefing Session on Overseas Business (European Cold Chain)](https://www.nichirei.co.jp/sites/default/files/inline-images/ir/event/ir_event_20260310_e.pdf) (Presentation · FY 2025): Nichirei Corporation Nichirei Group Briefing Session on Overseas Business (European Cold Chain) (2026, Europe / EMEA): Creating Savory Moments Contents 1 1. Progress and Growth of Overseas Business (P2) 2. Business Description by Area (P5) (1) Europe (P6) (2) North America (P13) (3) ASEAN (P19) 3. Investment Decisions and PMI / ROIC / Global Governance (P27) Note: Figures shown in graphs and tables in this document are rounded off to the nearest unit unless otherwise specified, with some figures rounded up or down for adjustments for fractions. - **Operator** · [NewCold Advanced Cold Logistics (Westpoort) Automated High-Bay Cold Storage Global Network Report](https://www.newcold.com/news/) (Annual Report · 2025): Covers NewCold's 20+ ultra-high-bay automated deep-freeze warehouses (over 1.5M pallet positions) across Europe (Breda, Wakefield Corby UK, Rheine Germany, Argentan France, Kutno Poland, Borgoratto Italy), the United States (Burley, Tacoma, Lebanon, McDonough), and Melbourne. - **Operator** · [Magnavale (Sadel Group) UK Temperature-Controlled Storage & Easton 101,000-Pallet Automated Mega-Hub Report](https://www.magnavale.co.uk/news/) (Annual Report · 2025): Details Magnavale's 4 UK cold storage facilities in Chesterfield, Scunthorpe, Warrington, and the £130M+ 101,000-pallet fully automated cold store in Easton (Lincolnshire).