Announced
Completed
Synopsis
Juuri Partners-backed Colligx, a logistics service company specializing in food logistics and food online shopping solutions, completed the acquisition of a majority stake in Kylmästi Paras, a logistics company specializing in cold and frozen distribution, which has built service concepts for food logistics based on high quality and technology. Financial terms were not disclosed. "Colligx Oy and Kylmästi Paras Oy complement each other perfectly by combining internal logistics and a nationwide distribution system. The arrangement strengthens both companies, and the companies will be able to provide their customers with even more comprehensive overall solutions and services in the future. Kylmästi Paras is a very well-managed company, with which we significantly strengthen our position in the food logistics market," Jari Rinnekoski, Colligx CEO.
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