Dachser is expanding its food logistics network in the Nordic region as the company completed the purchase of Swedish company Frigoscandia AB on 4 March.
Frigoscandia, headquartered in Helsingborg, Sweden, works with service partners and has its own truck fleet for the distribution of temperature-controlled and frozen food. The company offers transport services across Sweden through a nationwide network with 12 food storage facilities in the country and three in Norway. It also handles road, air and sea transportation, and is active in 51 markets internationally. The company generated sales of some EUR300 million in 2022.
Dachser is represented in the Nordics by European Logistics, its business line for transporting and warehousing industrial and consumer goods, and by an air and sea freight organization. It signed an agreement to acquire Frigoscandia late last year in December with private equity investor Mutares SE & Co KGaA, and the acquisition was approved by the European Commission in February.
Frigoscandia CEO Peter Haveneth and his management team will continue to lead the company, reporting to Alexander Tonn, who holds the dual role of COO Road Logistics and Managing Director Food Logistics at Dachser. Around 1,300 employees will be added to Dachser’s operations in the region.
Since 2019, Frigoscandia has been a partner for Sweden, Finland, and Norway in the European Food Network, an association of leading food logistics providers in 34 countries, which Dachser founded and manages as system leader.
“Our two companies have already worked together on a basis of trust in recent years as part of the European Food Network. This acquisition will enable us to further exploit our growth potential in Northern Europe and further improve the quality of our offering. In the medium term, our customers in the food sector will benefit from consistent and standardized processes and systems,” Haveneth noted.