São Paulo, Brazil: Temperature-controlled logistics company Emergent Cold Latin America has acquired Multifrigo, a cold storage company based in Chile’s capital Santiago.
Multifrigo operates three sites and has a capacity of almost 25,000 pallets.
Emergent Cold LatAm plans to expand Multifrigo’s main site in El Olivo to 35,000 pallets – triple its current size.
“Multifrigo is a perfect fit for our investment strategy in Chile,” said David Palfenier, president of Emergent Cold LatAm. “It is a market leader in an important metropolitan area with strong customer relationships. Just as important is their commitment to innovation and sustainability, which are core values of Emergent Cold LatAm.”
Emergent Cold LatAm operates 25 cold storage sites and more than 500 trucks. It is building another four cold stores across Latin America.
The picture shows Emergent Cold Latin America’s Panama City, Panama site recently expanded to a 28,300 pallet capacity
