Stradling Guides AGRO Merchants Group in Acquisition of Cool-Pak Solutions in Port of Long Beach
May 2019
Stradling advised AGRO Merchants Group, a cold storage and logistics specialist, in its acquisition of Cool-Pak Solutions LP in Long Beach. The deal closed May 6, with no financial details released.
AGRO, headquartered in Schipol, Netherlands and Alpharetta, Georgia, is backed by Oaktree Capital Management. The acquisition expands the company’s service capabilities on the West Coast and reinforces its position in fresh produce repacking operations.
Cool-Pak Solutions provides storage and repacking services from a 175,000-square-foot facility within the overweight corridor at the Port of Long Beach.