Frigoscandia AB is now a wholly owned subsidiary of Dachser and thus part of the logistics provider’s Food Logistics network. This also marks the start of the Scandinavian company’s full integration into the Dachser network. From now on, customers in the Nordic countries will benefit from uniform quality standards.
At the end of December, Dachser signed an agreement to acquire Frigoscandia, the leading provider of temperature-controlled and frozen logistics in the Nordic market, from private equity investor Mutares SE & Co KGaA. This will allow Dachser to expand its Food Logistics network to the Nordic countries. The acquisition was approved by the European Commission in February. With the acquisition process complete as of today, integration into the Dachser network can now begin.
“The acquisition significantly strengthens our position in food logistics in the Nordic region,” says Burkhard Eling, Dachser CEO. “For Frigoscandia, the integration into Dachser is an important step toward long-term and secure development in a dynamically growing company. Frigoscandia is an excellent fit for our business and our growth strategy in Sweden, Norway, and Finland. Both companies share a common understanding of values and quality.”
Dachser is currently represented in the Nordics by European Logistics, its business line for the transport and warehousing of industrial and consumer goods, as well as by an air and sea freight organization. Frigoscandia, headquartered in Helsingborg, Sweden, has a close-knit and efficient network for the distribution of temperature-controlled and frozen food. The company offers transport services across Sweden through a nationwide network. For the fulfilment of these services the company cooperates with service partners but also has an its own truck fleet. In the area of international food transportation, Frigoscandia handles road, air and sea transportation, and is active in 51 markets.
In addition, the company operates warehousing with twelve logistics facilities in Sweden designed for the storage of food and three in Norway. In 2022, Frigoscandia generated sales of some EUR300m.
Find out more at: https://www.dachser.com/en/