VersaCold
 | |
| Type | Public |
|---|---|
| Industry | Industrial Products and Supplies |
| Founded | Vancouver, British Columbia |
| Headquarters | Vancouver, British Columbia |
| Key people | Joel Smith, CEO |
| Products | Industrial & Commercial products and services |
| Revenue |
 $210.352 million CAN (2005) |
| Employees | 4,500 (2005) |
| Website | www.versacold.com |
VersaCold is a Vancouver, British Columbia based company that provides warehouse and distribution services.
Overview
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 (7,700,000 m3). They offer custom freezing and food processing, as well as complete third party logistics and transportation services.
VersaCold is structured such that it is controlled by the VersaCold Income Fund, a limited purpose trust that generates monthly cash distributions for unitholders.
The company was acquired by Eimskip Holdings Inc.[1] effective August 2, 2007, and delisted from the Toronto Stock Exchange. Effective 2010 Eimskip sold significant interest in company to Yucaipa Companies.
References
- ↑ Plunkett, Jack. Plunkett's Transportation, Supply Chain and Logistics Industry Almanac 2009. Plunkett Research.
- "Versacold suit says city blew water deal". The Bellingham Herald. April 24, 2001. Retrieved 17 November 2013. (subscription required)
- "Versacold sells off NZ chain". The National Business Review. December 16, 2010. Retrieved 17 November 2013.
- Rojo, Oscar (June 11, 1994). "Versacold acquires Toronto rival for $90 million". Toronto Star. Retrieved 17 November 2013. (subscription required)
External links
- VersaCold Official Homepage
- Farrar, Foss (September 1, 1999). "Versacold Offers Transportation, Warehousing for Food Industry". Refrigerated Transporter.