Constellation Cold Logistics will make its first foray into the Danish market.
The company announced it will acquire Denmark’s Agri-Norcold, strengthening its European footprint and service offering in the Nordics.
Agri-Norcold, headquartered in Aalborg, Denmark, has been the leading player in the Danish cold storage industry since its establishment in 1964. It owns and operates ten facilities positioned near major food production hubs, and its network has a total of 865,756 cubed-metres of frozen storage, as well as freezing and packing infrastructure.
“The addition of Agri-Norcold to our network opens up strategic opportunities in Denmark and strengthens Constellation’s leading position in the Nordics, where we already enjoy strong partnerships and growth opportunities with our customers in Norway and Sweden,” said Constellation CEO, Carlos Rodriguez. “Denmark is one of the largest net exporters of food products in Europe, and this transaction will allow us to continue to grow with new customers, as well as many others that we already serve across the Constellation network.”
Since 2012, Agri-Norcold has been jointly owned by TA-Logistics and the Danish Crown.
“TA-Logistics companies look forward to collaborating with Constellation, both within Denmark and in other operating geographies where Frode Laursen and other companies of the group provide transportation and other value add services,” said, CEO, TA-Logistics A/S and Chairman for Agri-Norcold, Thorkil Andersen.
Constellation is Europe’s leading independent cold storage and logistics provider with approximately 700,000 pallet positions of temperature-controlled capacity and a presence across seven European countries, excluding the Agri-Norcold acquisition.
In related news, Constellation Cold Logistics expands one of its UK sites.