CMA CGM is investing in Agricool
NewsThe CMA CGM Group has decided to support the financial and industrial development of Agricool, a French start-up specialising in urban agriculture, in order to enable it to launch its industrialisation phase
P&O has announced that P&O Cold Logistics (POCL) has signed contracts to further consolidate its presence in the US through the acquisition of certain refrigerated logistics assets owned by ProLogis and operated by CS Integrated LLC. The acquisition price is approximately US$70 mill, payable in cash on closing.
POCL will acquire eight cold storage facilities in California and two in Texas, totalling approximately 50 mill ft3, as well as a significant distribution capability. It will make POCL the fourth largest operator of refrigerated warehouses in the US and enable the company to build on the strong positions it already enjoys in California and Texas.
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