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Synopsis
AIMPERA Capital Partners and Continental Grain Company formed Agile Cold Storage, a company that will develop a network of greenfield automated and conventional temperature-controlled warehouses. Financial terms were not disclosed. "Today’s cold storage infrastructure fails to meet customers’ needs, as we experience in our operating businesses every day. Don and AIMPERA are strong partners who share our values and a strategic vision to advance the temperature-controlled warehousing industry. We look forward to bringing our capabilities, food industry experience and network to deliver novel supply chain solutions to Agile’s customers," Ari Gendason, CGC Chief Investment Officer.
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