Americold buys Australian cold storage firm

Brisbane, Australia: Americold has snapped up Australian company, Lago Cold Stores, for A$106.4m.

Lago operates three temperature-controlled storage sites within Brisbane Port. Americold will also acquire a road haulage component, with Lago operating its own fleet of vehicles.

“We are pleased to announce our agreement to acquire Lago Cold Stores, which expands our presence in the Brisbane, Australia market,” said Americold president and chief executive Fred Boehler.

“Once completed, this acquisition will add three strategically located assets to our portfolio, growing our footprint in Brisbane and increasing our presence in Australia to more than 56 million cubic feet.”

The acquisition is expected to complete later this year.

WORLD NEWS

Lineage Logistics acquires three Benelux operators

Amsterdam, Netherlands: Lineage Logistics has bought Van Tuyl Logistics, H&S Coldstores and Frigocare Rotterdam. These acquisitions, for an undisclosed amount, grow Lineage’s presence in the …

READ THE FULL STORY >

US: Volvo boosts electric truck range

Greensboro, NC, North Carolina, USA: Volvo Trucks has boosted the range of its VNR Electric by 85% increased range and added faster charging. The VNR …

READ THE FULL STORY >

Driverless forklift trucks for Europe

Tokyo, Japan: VisionNav Robotics is to sell its automated, vision-guided forklift trucks and intelligent operating systems in Europe. The range includes driverless counterbalanced forklift trucks, …

READ THE FULL STORY >

Wolter Koops takes 300 Advancers

Zeewolde, Netherlands: Wolter Koops, which transports fresh and frozen goods including food and flowers, has upgraded its fleet with 300 new Advancer A-400 fridges. “Reliability …

READ THE FULL STORY >

Latest Tweets

Nov issue of Cold Chain News is out now, with focus on energy crisis, driver shortage, readers' questions (customs changes etc). pic.twitter.com/jom9zwLopT

© 2022 Global Cold Chain News | Terms and Conditions | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 7 Diddenham Court, Lambwood Hill, Grazeley, Reading RG7 1JQ