Constellation Cold Logistics enters Danish market
7th August 2024
UK/DENMARK: Constellation Cold Logistics, a leading European cold storage and logistics provider, has entered into an agreement to acquire Agri-Norcold A/S.
The transaction brings Constellation’s first entry into the Danish market, strengthening its European footprint and service offering in the Nordics for existing and new customers.
Agri-Norcold, headquartered in Aalborg, Denmark, has been a leading player in the Danish cold storage industry since its establishment in 1964. The company owns and operates 10 facilities across Denmark with a total of 865,756m3 of frozen storage, or 266,000 pallet spaces, in addition to major freezing and packing infrastructure. Since 2012, Agri-Norcold has been jointly owned by TA-Logistics and Danish Crown.
Constellation was established in 2020 by Arcus Infrastructure Partners, which brought together three businesses located in Belgium, Norway and the Netherlands. Today, Constellation owns and operates 26 large cold storage facilities across seven countries – Belgium, France, Ireland, Netherlands, Norway, Sweden and the UK.
The London headquartered firm employs 700 people and is expected to generate revenues over €150m in FY24.
