Constellation Cold Logistics Enters Danish Market with Acquisition of Agri-Norcold A/S

Date: 14 August 2024
Constellation Cold Logistics Enters Danish Market with Acquisition of Agri-Norcold A/S
Constellation Cold Logistics, a leading European cold storage and logistics provider, has announced an agreement to acquire Agri-Norcold A/S, marking its first entry into the Danish market. This acquisition enhances Constellation's European presence and expands its service offerings in the Nordics for both existing and new customers.

Agri-Norcold, headquartered in Aalborg, Denmark, has been a prominent player in the Danish cold storage industry since 1964. Operating 10 facilities strategically located near major food production hubs, import/export points, and major cities, Agri-Norcold ensures efficient transportation and logistic flows. The extensive network across Denmark includes 865,756 m3 of frozen storage, equating to 266,000 pallet spaces, along with significant freezing and packing infrastructure. Since 2012, it has been co-owned by TA-Logistics and Danish Crown.

The acquisition of Agri-Norcold opens strategic opportunities for Constellation in Denmark and reinforces its dominant position in the Nordics, where it already maintains strong partnerships and sees considerable growth prospects with customers in Norway and Sweden.

Agri-Norcold's established relationships with Danish Crown and several other meat, dairy, seafood, and packaged food producers provide a solid foundation for future growth. Denmark, being one of Europe's largest net exporters of food products, presents a valuable market for Constellation's expanding customer base.

TA-Logistics, the parent company of Agri-Norcold, is a family-owned investment firm focusing exclusively on logistics. It owns and manages several operational logistics companies, including Frode Laursen A/S, IN-Store A/S, Kaj Madsen Fjelstrup A/S, and Skanol A/S, employing more than 3,000 people, with 600,000 m2 of warehouse space and 1,300 transport vehicles.

Constellation remains Europe's foremost independent cold storage and logistics provider, offering approximately 700,000 pallet positions of temperature-controlled capacity and a presence across seven European countries, excluding the Agri-Norcold acquisition. This strategic move further solidifies Constellation's role in the cold storage and logistics sector, allowing it to better serve its expanding network of customers across Europe.

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