Grimsby-headquartered HSH Cold Stores, part of Constellation Cold Logistics and a provider of temperature-controlled storage and distribution solutions across the UK, has reached agreement to acquire fellow Grimsby firm Associated Cold Stores & Transport Limited (ACS&T), a subsidiary of Camellia.
The transaction is expected to close on 10 January 2023.
The acquisition of ACS&T will expand HSH’s strategic presence across the UK, increasing the company’s storage capacity to include ACS&T’s facilities in Grimsby, Tewkesbury, and Wolverhampton, and grow the company’s storage offering to around 140,000 pallet positions.
In addition, the acquisition will boost HSH’s offering of temperature-controlled distribution services, which grows to 75 LGV lorries when including HSH and ACS&T’s existing fleets.
Anthony Howard, Managing Director at HSH, noted the strategic benefits of HSH’s acquisition of ACS&T: “We are enormously proud and excited to welcome ACS&T to the HSH family, the acquisition will provide a unique opportunity for HSH to expand its storage and distribution services for our new and existing customers.
“Having co-founded HSH nearly 20 years ago, I am extremely proud to see how our company has grown over the years and would like to extend my gratitude to our team on reaching this milestone. I look forward to collaborating with the team at ACS&T to accelerate our growth and develop new high quality cold chain solutions.”