Melbourne, Australia: NewCold has bought refrigerated transport company Karras. Bram Hage, chief executive, NewCold, said: “This strategic acquisition underpins our vision and ambition in Australia by strengthening the business and operating model. Combining Karras with our well-capitalised platform will strengthen our customer offering and promises an exciting future for our people, business, customers, and suppliers, in Australia.”
Karthi Karthigeyan, chief executive, Karras, said: “I am delighted to continue to lead our dedicated team on this next chapter. This is a very exciting time for the Karras business and all our stakeholders. We are deeply committed to upholding our core values of complete customer satisfaction and focus on quality. This will enhance our capabilities and the integrated solutions that Karras will be able to offer its customers.”
