HSH Cold Stores Limited, part of Constellation Cold Logistics, has announced that it has reached agreement to acquire Associated Cold Stores & Transport Limited, a subsidiary of Camellia PLC.
Constellation Cold Logistics is a provider of temperature-controlled storage and distribution solutions. It is the third largest provider of cold storage in Europe, offering over 500,000 pallet spaces across 21 facilities in six countries: Belgium, France, Netherlands, Norway, Sweden, and the United Kingdom.
Founded in 1921, ACS&T Logistics provides temperature-controlled storage and distribution services.
Constellation’s purchase of ACS&T is expected to be finalised by 10th January 2023.
HSH says the acquisition of ACS&T will expand its strategic presence across the UK, increasing the company’s storage capacity to include ACS&T’s facilities in Grimsby, Tewkesbury, and Wolverhampton. It is also expected to grow its storage offering to around 140,000 pallet positions.
Anthony Howard, managing director at HSH noted the strategic benefits of HSH’s acquisition of ACS&T said: “We are enormously proud and excited to welcome ACS&T to the HSH family, the acquisition will provide a unique opportunity for HSH to expand its storage and distribution services for our new and existing customers. Having co-founded HSH nearly 20 years ago, I am extremely proud to see how our company has grown over the years and would like to extend my gratitude to our team on reaching this milestone. I look forward to collaborating with the team at ACS&T to accelerate our growth and develop new high quality cold chain solutions.”
