Emergent Cold LatAm, the fastest-growing refrigerated storage and logistics service provider in Latin America, announced today the acquisition of Bajo Cero Frigoríficos, an important cold storage company in Mexico. This acquisition represents Emergent Cold LatAm’s entry into Mexico, a key market for the Company’s regional investment strategy. Mexico is the second largest economy and second most populous country in Latin America, with connectivity to the Atlantic and Pacific Oceans via important port locations. Further, Mexico is an important partner to the United States due to its geographic location, free trade agreements, and central role in the global food trade.
Emergent Cold Latin America is building the highest-quality cold chain network to provide end-to-end temperature-controlled logistics solutions to their customers across Latin America. The company was founded to cover the need for modern cold chain solutions in the market and to meet the increasing demand from domestic and global customers. Emergent Cold LatAm currently operates 23 cold storage facilities, more than 500 trucks, and four facilities now under construction to complete a total of 10 countries across Latin America.