Constellation Cold Logistics, a pan-European platform comprising cold storage businesses, announced that its partner company in Belgium, Stockhabo, has reached an agreement to acquire 100% of the shares in Frigologix. This acquisition strengthens Stockhabo’s leading position and service offering in the Belgian market and expands the Constellation network into France.
The acquisition marks the sixth investment by Constellation, with a network now spanning Belgium, France, the Netherlands, Norway, Sweden and the UK. Including Frigologix, Constellation will be able to offer its clients access to over 440k pallet positions of capacity in its modern facilities across six countries in Northwest Europe. Constellation is a portfolio company of Arcus Infrastructure Partners, an independent fund manager with significant experience in European infrastructure investments.