Coolworld Rentals, a European specialist in industrial temperature control asset rental solutions and an essential infrastructure partner to companies across the cold chain, has acquired The CRS Group, a provider of modular cold storage solutions in Ireland and the United Kingdom. Financial terms were not disclosed.
Backed by Arcus Infrastructure Partners, Coolworld is active in six Northwest European countries, providing mission-critical, value-added rental solutions of temperature control assets from a network of six sites. Coolworld’s primary asset segments include modular cold storage, industrial chillers for process cooling and integrated climate-control units. Coolworld provides its asset rental solutions to a wide range of core industrial end markets, including food, pharmaceutical, chemical, cold chain logistics and facility management customer segments.
Through the acquisition of CRS, Coolworld will establish a strong base of operations in two new countries