Announced

Completed

The Reefer Group completed the acquisition of Paneltex.

Synopsis

The Reefer Group, a temperature-controlled vehicle manufacture, completed the acquisition of Paneltex, a temperature-controlled vehicle body builder and converter. Financial terms were not disclosed. “I am proud to have led the company to this moment and will continue to strive for progress and success in a challenging market. It has been a privilege to have worked with the incredible team at Paneltex and with Ocado, which has done so much to lead the grocery home delivery market through its bold innovation and industry-defining customer proposition. Paneltex will continue its close working relationship with all our customers, as we press forward with developing tailor-made solutions for the delivery of temperature-controlled goods in a world where advanced technology has the potential to revolutionise products and manufacturing systems," Christopher Berridge, Paneltex Founder.

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MergerLinks - The Reefer Group completed the acquisition of Paneltex.