NewCold is consolidated in Italy
The acquisition of Pacaro Logistica has been signed
The Pacaro structures near Rome thus complement those of NewCold that will be built in Milan area.
NewCold, a company working on frozen food storage and distribution branch, has announced the acquisition of Pacaro Logistica. This is the first strategic acquisition of NewCold in Italy. The Pacaro structures near Rome thus complement those of NewCold that will be built in Milan area. Through this transaction, NewCold's global network offers over 815,000 temperature-controlled pallet spaces, across nine facilities in six countries, with a global presence that includes North America, Europe and Australia.
NewCold is a company based in the Netherlands, specializes in temperature controlled warehousing and distribution. It operates from eight locations on three continents, with 730,000 pallet spaces worldwide. "Always striving to reduce the impact of our operations on the environment and local communities, we optimize existing and new innovative concepts in the cold chain to achieve the best for our customers and the industry at large", says the company.
EFA News - European Food Agency