CubeCold has entered the French market through the acquisition of 24H Frost, a frozen storage provider in Northern France. With the deal, CubeCold said it now manages a portfolio of more than 700,000 pallet spaces across the Benelux, the UK, Spain, Italy and France.
The acquisition adds a fully automated cold storage facility in one of Northern France’s logistics and production ports. The site currently includes more than 12,000 frozen pallet positions and has expansion potential to support food manufacturers with temperature-controlled storage.
CubeCold said it will maintain 24H Frost’s existing service model while integrating the company into its pan-European cold chain network. The company said this is intended to provide continuity and reliability for existing customers.
“24H Frost is a strategic addition to CubeCold and marks an important step in our expansion into France,” said Paul Jukes, Chief Operating Officer at CubeCold. “This acquisition strengthens our operational capabilities and enhances our ability to deliver efficient, high-quality temperature-controlled logistics services in a new, highly strategic market for CubeCold.”
“Our priority has always been to ensure peace of mind for our clients. With CubeCold’s support, we will strengthen our position in the Northern France and Benelux cold storage markets and expand our reach across Europe,” added Jolien Deruyterre, General Manager at 24H Frost. Jeantet advised CubeCold on the transaction.
