SuperFrio acquires EspaçoFrio's unit in Cascavel/PR

May 23, 2020 | amplify.dev | cold market

Expansion of SuperFrio's footprint in the interior of the state of PR strengthens its presence in the largest poultry and pork producing region in Brazil, and opens up opportunities for new operations in agribusiness and distribution in the western region of Paraná.

SuperFrio, a company controlled by Patria Investimentos, and one of the leaders in the refrigerated logistics industry in South America, announced today the acquisition of EspaçoFrio's Cascavel/PR unit. The transaction strengthens SuperFrio's presence in Brazil's largest poultry and pork producing region; the region is also one of the largest fish producers in the country and a major consumer of corn and soy seeds – another important market served by the company.

The Cascavel/PR unit, which from today will operate under the SuperFrio brand, is recognized by customers as a reference in the quality of services provided and customer service. With a capacity of 12,000 pallets, around 70,000 m3, the warehouse is qualified to move and store products of animal origin for the domestic and foreign markets – the European Union, Russia, among other countries.

The strategic acquisition of the EspaçoFrio unit in Cascavel/PR, SuperFrio's 11th unit, represents an important milestone in the company's strategy, whose vision is to be the 1st option in refrigerated logistics in South America by 2023.

“This acquisition comprises two highly relevant strategic components for our long-term plan: we strengthen partnerships with the company's current customers and initiate new relationships; and we added to our team a team that is known to be excellent in refrigerated logistics” said Francisco Moura, CEO of SuperFrio. “Our growth plan will continue to be guided by strengthening relationships with our customers, and we will carry out organic expansions and acquisitions in order to meet needs not currently met by the market. In 2019, in addition to the acquisition of the Cascavel/PR unit, we built a new unit in Ribeirão Preto and will deliver three new units by August – in Garuva-Itapoá/SC, Cambé-Londrina/PR and Ribeirão Preto/SP, reaching the milestone of 14 units”.