Constellation Brand Glacio Acquires Swedish 3PL Provider
Glacio, a Constellation company, announces 100% acquisition of 3PL provider Göteborgs Frysehus. The transaction marks two important milestones for Glacio as this is Glacio’s first acquisition, and Glacio’s first venture into the Swedish market.
"We are very enthusiastic about the acquisition of Göteborgs Fryshus," says Espen S. Karlsen, CEO of Glacio. "It is our first business outside Norway, and we strongly believe that Göteborgs Fryshus has important qualities to add to the Glacio Group. Göteborgs Fryshus has skilled employees and management, market-leading customers, and a strategically important location. In short, a very good match for Glacio and the addition will strengthen our service offering and position in the market. This will create new strategic opportunities for us and our customers.”