Emergent Cold has signed an agreement to acquire Oxford Cold Storage. The buyout complements the broader Emergent Cold strategy for creating a global network of cold chain businesses. The acquisition is subject to regulatory approval.
“This is a very exciting time for the Oxford business. The Emergent acquisition provides our staff with increased opportunities and career development. It will also provide for the opportunity to service clients across Emergent’s substantial geographical footprint and to increase our service offerings,” said Paul Fleiszig, Oxford’s operations, and marketing director.
In 1951 the Feliszig and the Stern families established Cambridge Poultry Distribution in South Yarra. Twenty years later, they relocated their operations across Melbourne to be closer to the meat hub in North Laverton. In 1975, they established Oxford to serve the neighboring meat producers. Oxford has been family-owned and operated for 44 years.
Emergent Cold was founded in 2017 with the vision to be the leading global cold chain services partner for its consumers. Emergent Cold has grown through a combination of business acquisitions and new greenfield developments and now has a network of 42 cold stores in five countries.
“We look forward to welcoming the Oxford Cold Storage team to the Emergent Cold network. Combining Oxford with our platform will further strengthen our offering to the Australian and International market,” said Neal Rider, CEO of Emergent Cold.
