M&A Deal Summary

Emergent Cold Latin America Acquires Bodegas frías

On May 16, 2022, Emergent Cold Latin America acquired real estate company Bodegas frías

Acquisition Highlights
  • This is Emergent Cold Latin America’s 5th transaction in the Real Estate sector.
  • This is Emergent Cold Latin America’s 1st transaction in Guatemala.

M&A Deal Summary

Date 2022-05-16
Target Bodegas frías
Sector Real Estate
Buyer(s) Emergent Cold Latin America
Deal Type Add-on Acquisition

Target

Bodegas frías

Escuintla, Guatemala
Bodegas frías is a third-party cold storage operator that operates three facilities in Palín, Villa Nueva, and Xela (Quetzaltenango), with a total capacity of almost 20,000 pallet positions and additional land for expansion. Bodegas frías was founded in 2006 and is based in Escuintla, Guatemala.

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Buyer(S) 1

Buyer

Emergent Cold Latin America

Miami, Florida, United States

Category Company
Sector Real Estate
DESCRIPTION

Emergent Cold Latin America is a cold storage network to provide integrated, end-to-end temperature-controlled logistics solutions to customers throughout Latin America. Emergent Cold Latin America was founded to fill a need for modern cold-chain solutions within the market and to serve the increasing demand from domestic and global trade customers. Emergent Cold Latin America is based in Miami, Florida.


DEAL STATS #
Overall 6 of 11
Sector: Real Estate M&A 5 of 8
Type: Add-on Acquisition M&A Deals 6 of 11
Country: Guatemala M&A 1 of 1
Year: 2022 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-02 Polo Logístico de Frio

Montevideo, Uruguay

Polo Logístico de Frio operates a single facility located approximately 30 kilometers from the Port of Montevideo, with extensive land for further expansion. The company offers comprehensive storage and value-added logistics services, including bonded storage capabilities. Polo Logístico de Frio was formed in 2018 and is based in Montevideo, Uruguay.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-14 Bajo Cero

Guanajuato, Mexico

Bajo Cero is a cold storage company that operates a network of three modern facilities located in the cities of Irapuato, Villagran, and León, with a total capacity of more than 37,000 pallet positions, blast freezers, and land for future expansions. These facilities serve an important agricultural area of Mexico, allowing Bajo Cero to consolidate cargo for regional processing plants and packers for important brands in North America and Mexico. Bajo Cero was formed in 1999 and is based in Guanajuato, Mexico.

Buy -