HSH Coldstores reaches agreement to acquire ACS&T Logistics
Cold Chain Federation member HSH Cold Stores Limited (“HSH” or the “Company”), part of Constellation Cold Logistics (“Constellation”) and a market leading provider of temperature-controlled storage and distribution solutions across the UK, today announced reaching agreement to acquire Associated Cold Stores & Transport Limited (“ACS&T Logistics” or “ACS&T”), a subsidiary of Camellia PLC. 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.”
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