This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
CubeCold Europe Acquires FrigoCaserta, Expanding Its Cold Storage Footprint in Italy
November 2, 2023
CubeCold Europe is pleased to announce the acquisition of FrigoCaserta, a prominent temperature-controlled warehousing company headquartered in Gricignano d’Aversa, Southern Italy.
This strategic acquisition not only consolidates CubeCold’s position in Europe but also highlights its commitment to the Italian market.
Established in 1974, FrigoCaserta is a leading cold storage business in Southern Italy, serving a diverse clientele with a focus on grocery retailers and food producers in sectors like dairy, fish, and bakery goods.
The company operates a total capacity of approximately 78,000 pallets in different temperature regimes. Of these, a significant 25,000 pallets are part of a newly built state-of-the-art semi-automated temperature-controlled development.
This is the first development of its kind in the region and it began operation in July 2023. The new automated facility adds significant highly efficient storage capacity, ensuring FrigoCaserta’s readiness to meet rising market demands.
FrigoCaserta operates within a strategic logistics zone, close to both the port of Napoli (approximately 30km) and Napoli airport (around 20km), giving it a competitive edge in the market.
“We are excited to welcome FrigoCaserta into our portfolio. Their expertise in temperature-controlled warehousing, combined with their strategic location, aligns perfectly with our growth objectives in the region,” says Gerben Paauwe, CEO CubeCold Europe.
This strategic acquisition solidifies CubeCold’s footprint in Italy following its previous successful acquisition of Fridocks in May 2023.
The unified capabilities promise to offer enhanced services to a wider clientele, fostering growth and excellence in the European cold storage sector.
About CubeCold Europe
CubeCold Europe is a Pan-European cold storage platform, focusing on acquiring and developing small to medium-sized cold storage facilities across strategic areas. A special focus on ports and logistics hubs in Europe makes CubeCold one of the key players in Europe. The platform has already assembled a portfolio of about 270 thousand pallets across strategic assets in the Benelux, UK, and Italy region and is expanding rapidly.