Helsingborg, Sweden: Frigoscandia, now a wholly owned subsidiary of Dachser, is being integrated into Dachser’s network. In December, Dachser acquired Frigoscandia from private equity investor Mutares SE & Co and gained European Commission approval for the deal in February.
“The acquisition significantly strengthens our position in food logistics in the Nordic region,” says Burkhard Eling, chief executive, Dachser. “For Frigoscandia, the integration into Dachser is an important step toward long-term and secure development in a dynamically growing company. Frigoscandia is an excellent fit for our business and our growth strategy in Sweden, Norway, and Finland. Both companies share a common understanding of values and quality.”
Dachser is currently represented in the Nordics by European Logistics, its business line for the transport and warehousing of industrial and consumer goods, as well as by an air and sea freight organization. Frigoscandia, headquartered in Helsingborg, Sweden, has a close-knit and efficient network for the distribution of temperature-controlled and frozen food. The company offers transport services across Sweden through a nationwide network. For the fulfilment of these services the company cooperates with service partners but also has an its own truck fleet. In the area of international food transportation, Frigoscandia handles road, air and sea transportation, and is active in 51 markets. In addition, the company operates warehousing with twelve logistics facilities in Sweden designed for the storage of food and three in Norway. In 2022, Frigoscandia generated sales of some €300m.
Since 2019, Frigoscandia has been a partner for Sweden, Finland, and Norway in the European Food Network, an association of European food logistics providers in 34 countries, which Dachser founded and manages. “The acquisition and subsequent integration of Frigoscandia is a milestone for us on our way to becoming a top player in the European food market,” says Alexander Tonn, managing director Dachser Food Logistics. “With Frigoscandia, we are integrating a well-known food logistics company that fully shares our understanding of performance and quality. For our customers in Northern Europe and Europe, this means even better access to a food distribution network where quality and reliability are paramount.”
