DSI Freezing Solutions A/S, a Denmark-based market leader in plate freezing technology, has acquired Cryogenic Equipment and Services NV (CES) and Dantech Freezing Systems A/S (Dantech). Thereby it has created a new global player with the industry’s widest product range within industrial freezing, cooling, and heat treatment of food.
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.
Monogram Foods, a privately-held food manufacturer headquartered in Memphis, Tennessee, has completed an acquisition of Quality Food Processors located in Denison, Iowa. With this acquisition Monogram annual revenue will exceed $1 billion. The acquisition, which integrates a former supplier into the Monogram family, highlights Monogram’s commitment to expanding its business by joining with companies that share similar values.
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.
Sysco announced today it has entered into an agreement to acquire Greco and Sons, a leading independent Italian specialty distributor in the United States from Arbor Investments and the Greco family. Greco and Sons operates 10 distribution centers servicing 22 geographies nationwide, with approximately $800 million in annual revenue.
ARYZTA has completed the disposal of the equity and assets of its North American business in the USA and Canada to an affiliate of Lindsay Goldberg LLC for $850 million.
Lineage Logistics – the world’s largest temperature-controlled industrial REIT and logistics solutions provider—has acquired Quebec-based Marc Villeneuve Inc.
Private equity firm Brynwood Partners has acquired De Wafelbakkers from the Oklahoma Publishing Company, a subsidiary of the Anschutz Corporation. Terms and conditions of the deal are not being disclosed.
SpartanNash announced it has realigned its BRT Indianapolis and Managed Freight Minnesota teams into one organization and rebranded as SpartanNash Logistics. The centralized third-party transportation logistics solution will enable SpartanNash to better serve its more than 150 corporate-owned retail stores in nine states, independent and national account customers nationwide, U.S. military commissaries and exchanges and third-party logistics customers.
ARYZTA announces it has signed a definitive agreement to sell 100% of the equity and assets of its North American business in the USA and Canada to an affiliate of Lindsay Goldberg LLC for a total enterprise value of $850 million in cash. The transaction is expected to complete by the end of ARYZTA’s current 2021 financial year and is subject to closing conditions customary for this type of transaction.
