VersaCold Logistics completed the acquisition of cold storage warehouse assets from H&R REIT and Crestpoint Real Estate Investments.

VersaCold Logistics, a supply chain solutions company focused exclusively on the handling of temperature sensitive products, completed the acquisition of cold storage warehouse assets from H&R REIT, a real estate investment trust, and Crestpoint Real Estate Investments, a firm that specializes in real estate investments. Financial terms were not disclosed. "This investment is about VersaCold enhancing control over our destiny. By owning these buildings, we will be able to ensure consistent and reliable service to our customers. We are also excited to leverage this footprint and expand a targeted number of these buildings to augment our capacity and accommodate the underlying growth of our customer partners. We remain fully committed to providing the very best end-to-end cold storage supply chain solution available in Canada," Mike Arcamone, VersaCold CEO.