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New Deal


Announced

Nichirei Logistics Group to acquire cold storage division of Norish.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Pending

Single Bidder

Acquisition

Storage Facilities

Majority

Friendly

cold storage

Domestic

Private

United Kingdom

Synopsis

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Nichirei Logistics Group, a temperature-controlled logistics group, agreed to acquire cold storage division of Norish, a supply chain solutions provider. Financial terms were not disclosed. With the latest acquisition, the company will expand its temperature-controlled logistics business to the UK through Norish Limited, which operates six refrigerated warehouses in inland and port areas, providing storage and related value added services including blast freezing.

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