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Constellation Cold Logistics establishes strategic UK presence through acquisition of majority interest in HSH Coldstores alongside Founder and CEO.
Grimsby and London, 13 January 2021
Constellation Cold Logistics (“Constellation” or the “Platform”), a leading platform in European cold storage and logistics, announced today the acquisition of a majority equity interest in HSH Coldstores (“HSH” or the “Company”), partnering with the founder, Anthony Howard, to expand and strengthen the Company’s footprint and service offering for existing and new customers. Constellation is a portfolio company of Arcus Infrastructure Partners (“Arcus”), an independent fund manager with significant experience in European infrastructure investments.
The acquisition and new partnership in the UK market marks the fourth investment by Constellation and strengthens the platform’s position as a leading player in the European cold storage and logistics market. Including HSH, Constellation now provides over 325,000 pallet positions of temperature-controlled storage capacity across its modern network footprint in the UK, Belgium, Norway, and the Netherlands. In addition, the transaction bolsters Constellation’s offering of value-added services, now including HSH’s refrigerated transport fleet in the UK. Read the full release here.