CubeCold Europe strengthens position with acquisition of Herve Transport & Coldstore

July 24, 2024

CubeCold Europe (hereafter CubeCold) is proud to announce the acquisition of Herve Transport & Coldstore, a key player in specialised cold storage and transport.

Established in 1963, Herve Transport & Coldstore has built a strong reputation in the industry. The company offers flexible storage, cross-docking and distribution services for a wide range of products such as fruit, vegetables, meat and more. As such, this acquisition fits seamlessly with CubeCold’s ambition to be a leader in temperature-controlled logistics.

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Expansion of capacities and services

The acquisition of Herve Transport & Coldstore is a logical step in CubeCold’s growth strategy. Herve Transport & Coldstore’s reputation and strong customer relationships fit well with CubeCold’s corporate values. Herve Transport & Coldstore has several cold stores in Belgium, allowing CubeCold’s offering to be further expanded with services ranging from specialised cold storage, order picking, value-added logistics solutions and conditioned transport.

Gerben Paauwe, CEO CubeCold Europe, adds: “We are delighted to add Herve Transport & Coldstore, to our network. With their good reputation and expertise in cold storage, they strengthen our position in strategically important markets of the Benelux and northern France. The acquisition enables us to offer our customers an even better service.”

Strategic advantages and sustainability

The strategic locations of Herve Transport & Coldstore, close to key logistics hubs in the Benelux and northern France, increases CubeCold’s operational efficiency and optimises transport flows within the existing CubeCold network. In addition, Herve Transport & Coldstore shares CubeCold’s commitment to sustainable development and corporate social responsibility which will further minimise the impact on the environment.

Positive impact on innovation

One of Herve Transport & Coldstore’s strengths is their 24/7 delivery service, which guarantees fast and efficient deliveries. Moreover, they use an innovative information system that enables accurate tracking of the location of goods. Integrating these technologies into CubeCold’s systems will further improve efficiency and reliability of logistics services.

About CubeCold Europe

CubeCold Europe is a pan-European cold storage platform focused on acquiring and developing cold storage facilities in strategic locations. In doing so, CubeCold focuses on ports and logistics hubs in Europe, making CubeCold one of the key players in this segment. The platform has a portfolio of around 280 thousand pallets spread across operations in the Benelux, the UK and Italy, with the aim of rapidly expanding organically as well as through acquisitions.