Constellation Cold Logistics, a portfolio company of Arcus European Infrastructure Fund 2 (AEIF2), has acquired HSH Cold Stores, a multi-facility cold storage and transport logistics company headquartered in a U.K. fishing port.
HSH’s asset footprint comprises 65,000 pallet positions of temperature-controlled storage capacity and includes a refrigerated fleet of 40 trucks offering transport as a value-added service to its customers. As part of the transaction, Anthony Howard, HSH founder and CEO, will continue as a shareholder in HSH alongside Constellation.
“The addition of HSH presents opportunities for Constellation’s customers across Europe who require cold chain solutions in the U.K.,” said Jordan Cott, partner at Arcus. “We see a significant opportunity for the company to consolidate its leading position in its core segments and areas of the U.K. market, and will be working closely with the company to execute on near-term expansion plans and other strat