Frigoscandia is primarily located in its core market, Sweden, as well as in Denmark, Norway, Finland, and the Netherlands
DACHSER has acquired the leading full-service provider in temperature-controlled and frozen food logistics in the Nordic region, Frigoscandia AB, headquartered in Helsingborg, Sweden. The acquisition is subject to approval by the European competition authorities.
DACHSER is acquiring Frigoscandia AB from Mutares SE & Co.KGaA, a private equity investor, to further strengthen the geographic coverage of the European Food Network. The transaction is expected to be completed in the first quarter of 2024.
Frigoscandia’s workforce of 1,300 employees is primarily located in its core market, Sweden, as well as in Denmark, Norway, Finland, and the Netherlands, and will generate revenue of EUR 300 million in 2023. Founded in 1948, the company is now the leading full-service provider in both temperature-controlled and frozen food logistics in the Nordic region. It can provide outlet deliveries with a close-knit and high-performance network via three business segments:
Domestic transport Sweden comprises a nationwide transportation network with a fleet of around 500 vehicles, 260 of them its own. International transport covers 51 markets globally through road and air & sea transports. Warehousing comprises 12 warehouses in Sweden and 3 warehouses in Norway.
