VersaCold

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VersaCold
Type Public (ICE.UN)
Founded Vancouver, British Columbia
Headquarters Vancouver, British Columbia
Key people Brent Sugden, President & CEO, Joel Smith, Vice-President & CFO
Industry Industrial Products and Supplies
Products Industrial & Commercial products and services
Revenue image:green up.png$210.352 million CAN (2005)
Employees 4,500 (2005)
Website www.versacold.com

VersaCold (TSXICE.UN), is a Vancouver, British Columbia based company that provides warehouse and distribution services.

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[edit] Profile

VersaCold, founded in 1946, operates 73 modern, temperature-controlled warehouses across Canada and in the US, Argentina, Australia, and New Zealand, with a combined storage capacity of close to 272 million cubic feet. They offer custom freezing and food processing, as well as complete third party logistics and transportation services.

The company's customers include food processors, manufacturers, retailers, wholesalers, importers/exporters, and distributors from the packaged goods, meat and poultry, fish, fruit, and vegetable sectors.

Some of their customers include: Cargill foods, Costco wholesale, Kellogg's, Nestle, Kraft, and more.

VersaCold is structured such that it is controlled by the VersaCold Income Fund, a limited purpose trust that generates monthly cash distributions for unitholders.

[edit] Corporate governance

Current members of the board of directors of VersaCold are: David DeLorenzo, W. John Dawson, Eric L. Schwitzer, H. Brent Sugden, Peter R.B. Armstrong, Samuel H. Gudewill, Joseph S. Houssian, and Thomas J. Longworth.

[edit] See also

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