Add-on Acquisition • Manufacturing

Nordic Cold Chain Solutions Acquires Minus Works

On October 1, 2024, Nordic Cold Chain Solutions acquired manufacturer Minus Works

Acquisition Context

This is Nordic Cold Chain Solutions’ 1st transaction in the Manufacturing sector.
This is Nordic Cold Chain Solutions’ 1st transaction in the United States.
This is Nordic Cold Chain Solutions’ 1st transaction in New York.

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M&A Deal Summary
Date	October 1, 2024
Target	Minus Works
Sector	Manufacturing
Buyer(s)	Nordic Cold Chain Solutions
Deal Type	Add-on Acquisition

Target Company

Minus Works

Islandia, New York, United States

Minus Works is a manufacturing company focused on sustainability in the cold chain. Minus Works eco-friendly gel packs are designed to reduce single-use plastic waste and greenhouse gas emissions in the supply chain. Minus Works is based in Islandia, New York.

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Buyer Overview 1

Buyer

Nordic Cold Chain Solutions

Hatfield, Pennsylvania, United States

Category	Company
Sector	Packaging

DESCRIPTION

Nordic Cold Chain Solutions manufactures gel packs and enables cold chain logistics solutions for the pharmaceutical and food industries. Nordic Cold Chain Solutions serves its customers through six manufacturing facilities strategically located across the United States. Nordic Cold Chain Solutions provides a full suite of temperature-controlled testing, packaging, transportation, and storage solutions. Nordic Cold Chain Solutions is based in Hatfield, Pennsylvania.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Manufacturing	1 of 1
Type: Add-on Acquisition	1 of 1
State: New York	1 of 1
Country: United States	1 of 1
Year: 2024	1 of 1

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