EMERGENT COLD LATAM


Associated tags: Supply Chain Management, Transport, Food, Logistics, Beverage, Retail, Trucking, Warehouse, Capital, Construction & Property, Commercial Building & Real Estate, Other Transport, Airline

Locations: GUATEMALA, BRAZIL, UNITED STATES, SOUTH AMERICA, CENTRAL AMERICA, NORTH AMERICA, COLOMBIA, URUGUAY, ECUADOR, DOMINICAN REPUBLIC, LATIN AMERICA, FLORIDA, MEXICO, CHILE, NEW YORK, MONTEVIDEO, PARAGUAY, PANAMA, AMERICAS, NOVA SANTA RITA, PASSO FUNDO

Emergent Cold LatAm Opens Chile’s Largest Frozen Food Warehouse

Retrieved on: 
Tuesday, April 30, 2024

Emergent Cold Latin America (Emergent Cold LatAm), the region’s largest provider of temperature-controlled storage and logistics solutions, announced today the opening of the largest frozen food warehouse in Chile, located in Talcahuano.

Key Points: 
  • Emergent Cold Latin America (Emergent Cold LatAm), the region’s largest provider of temperature-controlled storage and logistics solutions, announced today the opening of the largest frozen food warehouse in Chile, located in Talcahuano.
  • Situated in a region renowned globally for its seafood and fruit production and exports, the warehouse represents a strategic enhancement of the local cold chain infrastructure.
  • View the full release here: https://www.businesswire.com/news/home/20240430475373/en/
    New Emergent Cold LatAm warehouse in Talcahuano, Chile.
  • Neal Rider, Co-Founder and CEO of Emergent Cold LatAm, emphasized the favorable conditions in Chile for business expansion: "Chile's importance in the global food supply chain make it an important part of our regional investment strategy.

Emergent Cold Consolidates Its Position as the Largest Cold Storage Company in Latin America

Retrieved on: 
Wednesday, April 17, 2024

Emergent Cold Latin America (Emergent Cold LatAm) has been named the largest temperature-controlled food storage and logistics company in Latin America and the Caribbean for the second year running, and is ranked 6th globally.

Key Points: 
  • Emergent Cold Latin America (Emergent Cold LatAm) has been named the largest temperature-controlled food storage and logistics company in Latin America and the Caribbean for the second year running, and is ranked 6th globally.
  • View the full release here: https://www.businesswire.com/news/home/20240417558577/en/
    Warehouse of Emergent Cold LatAm (Photo: Business Wire)
    The position at the top of the Latin American ranking was maintained as a result of the company's ongoing expansion plan, which operates more than 70 warehouses in 11 countries.
  • Emergent Cold LatAm recently inaugurated a modern warehouse in Panama and is close to completing two important projects in Chile, in the Talcahuano region, and in Peru, in Callao.
  • But this is great recognition and a continuing strong signal to our customers," explained David Palfenier, President and Co-founder of Emergent Cold LatAm.

Emergent Cold LatAm Acquires Red Polar

Retrieved on: 
Monday, February 5, 2024

Emergent Cold Latin America (“Emergent Cold LatAm” or the “Company”), the region’s largest provider of temperature-controlled storage and logistics solutions, announced today the acquisition of Red Polar, one of the leading cold storage businesses located in Bogotá, Colombia.

Key Points: 
  • Emergent Cold Latin America (“Emergent Cold LatAm” or the “Company”), the region’s largest provider of temperature-controlled storage and logistics solutions, announced today the acquisition of Red Polar, one of the leading cold storage businesses located in Bogotá, Colombia.
  • Founded in 2017, Red Polar operates a single cold storage facility in the municipality of Funza.
  • The Red Polar team is remaining with the business and will benefit from Emergent Cold LatAm’s operational expertise and best practices.
  • Importantly, the Red Polar transaction expands Emergent Cold LatAm’s presence in Bogotá, Colombia’s largest and most populous city.

Emergent Cold LatAm Completes Acquisition in Rio de Janeiro, Brazil

Retrieved on: 
Monday, January 29, 2024

Emergent Cold Latin America (Emergent Cold LatAm), the region’s largest provider of refrigerated storage and logistics solutions, announced today that it has closed the acquisition of a facility located in Rio de Janeiro, Brazil.

Key Points: 
  • Emergent Cold Latin America (Emergent Cold LatAm), the region’s largest provider of refrigerated storage and logistics solutions, announced today that it has closed the acquisition of a facility located in Rio de Janeiro, Brazil.
  • View the full release here: https://www.businesswire.com/news/home/20240129152816/en/
    New facility in Rio de Janeiro, Brazil.
  • This acquisition expands Emergent Cold LatAm’s Brazil network into Rio de Janeiro, Brazil’s second-largest city and an important part of the country’s food supply chain.
  • I am excited about the opportunity to grow with our customers in this important market.”
    “The expansion of this facility in Rio de Janeiro is one of five major projects planned for Brazil over the next year,” said Neal Rider, CEO of Emergent Cold LatAm.

Emergent Cold LatAm Raises US$ 500 Million for Next Phase of Investment in Refrigerated Logistics

Retrieved on: 
Thursday, December 7, 2023

Emergent Cold Latin America (“Emergent Cold LatAm” or the “Company”), the region’s largest provider of refrigerated storage and logistics solutions, announced today it has secured US$ 500 million in equity commitments from new and existing investors.

Key Points: 
  • Emergent Cold Latin America (“Emergent Cold LatAm” or the “Company”), the region’s largest provider of refrigerated storage and logistics solutions, announced today it has secured US$ 500 million in equity commitments from new and existing investors.
  • The lead investor in the round were Stonepeak Partners LP, Lineage and Losa Group.
  • View the full release here: https://www.businesswire.com/news/home/20231207254588/en/
    “This equity raise validates the strength of our investment thesis and demonstrates our investors’ confidence in the Company’s business and management team," said Neal Rider, CEO of Emergent Cold LatAm.
  • To date, Emergent Cold LatAm has completed eighteen acquisitions and two new construction projects, with an additional nine greenfields in active development.

Emergent Cold LatAm Expands Brazil Network with São Paulo Acquisition

Retrieved on: 
Wednesday, September 20, 2023

Emergent Cold Latin America (Emergent Cold LatAm), the fastest-growing cold storage logistics operator in Latin America, announced today the acquisition of a new facility located in the Guarulhos municipality of São Paulo.

Key Points: 
  • Emergent Cold Latin America (Emergent Cold LatAm), the fastest-growing cold storage logistics operator in Latin America, announced today the acquisition of a new facility located in the Guarulhos municipality of São Paulo.
  • “São Paulo is Brazil’s largest and most important food logistics market with a lack of new and modern cold infrastructure,” said Evandro Calanca, Managing Director, South Cone at Emergent Cold LatAm.
  • “We have been actively looking to add São Paulo to our cold storage network since launching our Brazil operations in late 2021.
  • “Our latest purchase in São Paulo is a great reflection of this vision.”
    44 Capital Finanças Corporativas acted as financial advisor, and Bronstein Zilberberg Chueiri & Potenza Advogados acted as legal advisor to Emergent Cold LatAm.

Emergent Cold LatAm to Acquire Facility in Rio de Janeiro

Retrieved on: 
Tuesday, September 12, 2023

Emergent Cold Latin America (Emergent Cold LatAm), the fastest-growing cold storage logistics operator in Latin America, announced today that it signed a definitive agreement to acquire a facility located in Rio de Janeiro, Brazil.

Key Points: 
  • Emergent Cold Latin America (Emergent Cold LatAm), the fastest-growing cold storage logistics operator in Latin America, announced today that it signed a definitive agreement to acquire a facility located in Rio de Janeiro, Brazil.
  • View the full release here: https://www.businesswire.com/news/home/20230912456026/en/
    The facility is in Duque de Caxias, in the metropolitan area of Rio de Janeiro, an important distribution point for the entire region.
  • Further, this acquisition will expand Emergent Cold Latam’s Brazil network into Rio de Janeiro, Brazil’s second largest city and an important part of the country’s food supply chain.
  • “We look forward to closing this transaction and growing our network in Brasil,” said Neal Rider, CEO of Emergent Cold LatAm.

Emergent Cold LatAm starts operations in the Dominican Republic and positions itself as a hub in the region

Retrieved on: 
Wednesday, August 9, 2023

Emergent Cold Latin America (Emergent Cold LatAm or the Company), the fastest-growing refrigerated storage and logistics service provider in Latin America, inaugurated its facilities in the Dominican Republic, located within the Free Zone Park DP World Economic Zones | Dominican.

Key Points: 
  • Emergent Cold Latin America (Emergent Cold LatAm or the Company), the fastest-growing refrigerated storage and logistics service provider in Latin America, inaugurated its facilities in the Dominican Republic, located within the Free Zone Park DP World Economic Zones | Dominican.
  • The modern warehouse has the capacity for 8,000 frozen pallets and a large anteroom for value-added operations.
  • "By starting our operations in the country, Emergent Cold LatAm reaffirms its commitment to logistics services throughout Latin America and contributes to the consolidation of the Dominican Republic as the ideal logistics hub for distribution in the Americas and the Caribbean," said Fernandez.
  • Therefore, the partnership with Emergent Cold LatAm perfectly fits the future vision and growth plan of our organization, not only for the region but for entire country," Badía affirmed.

Emergent Cold Latin America Completes Acquisition of Cold Storage Operations of Frimosa Uruguay

Retrieved on: 
Monday, August 7, 2023

Emergent Cold Latin America (Emergent Cold LatAm or the Company), the fastest-growing refrigerated storage and logistics service provider in Latin America, announced today the acquisition from Frigorifico Modelo (Frimosa) of their cold storage business located in Montevideo, Uruguay.

Key Points: 
  • Emergent Cold Latin America (Emergent Cold LatAm or the Company), the fastest-growing refrigerated storage and logistics service provider in Latin America, announced today the acquisition from Frigorifico Modelo (Frimosa) of their cold storage business located in Montevideo, Uruguay.
  • Under the terms of the transaction, Emergent Cold LatAm acquired Frimosa’s logistics campus located in Polo Oeste, a 22,000-pallet cold storage facility.
  • The parties previously announced the execution of a definitive agreement for Emergent Cold LatAm to acquire Frimosa’s cold storage business, subject to closing conditions.
  • “The addition of Frimosa’s Uruguay storage operations into our growing Latin America network expands our reach in the South Cone and creates many new opportunities to service customers across the region,” said Neal Rider, CEO of Emergent Cold LatAm.

Emergent Cold LatAm initiates operations in Ecuador

Retrieved on: 
Thursday, June 29, 2023

Emergent Cold Latin America (Emergent Cold LatAm or the Company), the fastest-growing refrigerated storage and logistics services provider in Latin America, inaugurated today a new facility in Ecuador.

Key Points: 
  • Emergent Cold Latin America (Emergent Cold LatAm or the Company), the fastest-growing refrigerated storage and logistics services provider in Latin America, inaugurated today a new facility in Ecuador.
  • Located in Durán, it marks the beginning of the operations in the country – where the company intends to invest up to US$ 50 million in the upcoming years.
  • Ecuador is an important food producer and the largest global shrimp and banana exporter.
  • "We have the most modern facilities in the country, contributing to the competitiveness of the logistics sector in Ecuador, and adding great value to our customers in terms of safety, quality, and food preservation," said Carlos Burgos, Head of Emergent Cold LatAm in Ecuador.