AGRO Merchants Acquires Nordic Logistics and Warehousing
AGRO Merchants Group has added Atlanta, Georgia-headquartered Nordic Logistics and Warehousing to its expanding portfolio of cold storage operations. The deal adds 12 facilities, 70 million cubic feet of refrigerated and frozen space, and 218,000 pallet positions to the AGRO network – making it the fifth largest global third-party temperature-controlled provider in the nation.
Chris Hughes, president of Alpharetta, Georgia-based AGRO Merchants North America, stated: “Nordic is a highly-regarded leading provider of value-added temperature controlled distribution services in the southeastern United States. It is a company with whom we share a similar strategic vision of planned growth, customer focus, innovative services and dedicated solutions.
This investment is highly strategic for us, as it adds the Port of Savannah to our existing US port trade network of Philadelphia, Oakland and Charleston, and our planned investments in the Gulf Coast and Southern California. Further, it will allow AGRO to leverage Nordic’s existing investments in common back office systems and technology solutions for the benefit of our wider North American operations.”
Don Schoenl, president and ceo of Nordic, commented: “We are excited to join the AGRO Merchants family. They understand how important customer relationships are to the business, and the time and effort needed to sustain them. AGRO’s global strategy will allow us to expand services and capacity to our customers. Through this partnership, we will continue to offer extensive regional coverage, and continue to aggressively invest in new capabilities and technology.”
Neal Rider, ceo of AGRO Merchants, said: “We welcome Don and the Nordic team to AGRO. Don will further bolster our executive team and will oversee the newly combined North America operations. This will enable us to have Chris focus on the development of our global customer relationships and solutions – which is at the core of our strategy.”
Nordic is a multi-region cold chain operator with more than 70 million cubic feet of flexible, temperature controlled storage space. It specializes in end-to-end services, including import/export product handling, transportation, temperature-controlled warehousing, blast freezing, warehouse management and related technology. The network currently serves major markets in the southeastern Unite States, providing logistics solutions to manufacturers, retailers and foodservice operators across the region.
About AGRO Merchants
AGRO Merchants Group owns and operates 49 facilities in the USA, Europe and Latin America, with nearly 700,000 square meters of combined cold storage space. The company is focused on partnering with family-operated businesses and creating integrated trade networks.