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Emergent Cold Latin America Acquires Multifrigo

Feb 01, 2023over 2 years ago

Acquiring Company

Emergent Cold Latin America

Acquired Company

Multifrigo

DallasTransportation, Logistics, Supply Chain and Storage

Description

Emergent Cold Latin America (Emergent Cold LatAm), the fastest-growing refrigerated storage and logistics service provider in Latin America, announced today the acquisition of Multifrigo, a leading operator in Santiago – Chile’s capital and largest city. Emergent Cold LatAm also announced plans to expand Multifrigo’s main automated facility in El Olivo to 35,000 pallet positions or triple its current size, creating additional capacity and service offerings.

Company Information

Company

Emergent Cold Latin America

Location

Dallas, Texas, United States

About

Emergent Cold was formed with a vision of building a temperature-controlled storage network to provide distribution solutions to the global cold chain. The company is focused on realizing this vision through integrating acquisitions and new developments in emerging and developed markets. Emergent Cold is already the market leader in Australia with capacity for 300,000+ pallets in 75+ million cubic feet of temperature-controlled space. The company is also a leading service provider in Vietnam, with capacity for more than 40,000 pallets in Ho Chi Minh City and Hanoi. Emergence into additional markets will be announced soon!

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed