AGRO Merchants Group to Acquire ADB Cool Company B.V.
14 July 2015

 

Lexence advised Agro Merchants Group on the acquisition of ADB Cool Company, including a refinancing of its existing banking facilities.

 

AGRO Merchants Group has announced the addition of ADB Cool Company B.V. (ADB) located near Rotterdam, The Netherlands to its portfolio. The Company’s latest partnership with ADB will increase the range of solutions, commodity expertise and locations to the AGRO Merchants Group network. ADB specializes in the fruit logistics sector where it provides a comprehensive solutions offering, including: inbound transport, warehousing, inspections, repacking, retail labeling, and other value-added services.
 
ADB Cool Company is a family business founded more than 80 years ago to support cooling and storage of Westland grapes and lily bulbs. ADB successfully developed additional capabilities to handle other products and continues to grow within the fruit sector. ADB has storage capacity of 14,000 pallets and 160,000 m3 with multiple rooms to handle a wide variety of temperatures including deep-frozen. Service offerings include: repacking, quality inspections, ripening, flow packing, grape cutting and others.

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