AGRO Merchants Group Acquires Coldstore Urk B.V. and Coldstore Wibaco B.V. in The Netherlands

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Acquisition will add to Company’s global trade footprint and fish expertise in the temperature controlled logistics sector.

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Coldstore Urk and Coldstore Wibaco are outstanding companies with best in class solutions which have gained the trust of traders, producers and processors in the fish sector.

AGRO Merchants Group has completed the acquisition of Coldstore Urk B.V. and Coldstore Wibaco B.V., located in Urk and Rotterdam, the Netherlands. The Company’s latest partnership with Coldstores Urk and Wibaco will add true commodity expertise to the AGRO Merchants Group portfolio of companies. Coldstores Urk and Wibaco specialize in the fish logistics sector where they provide a comprehensive range of services including: transport, Border Inspection Post (B.I.P.), warehousing, repacking, picking and other value-added services.

Carlos Rodriguez, Partner and President of AGRO Merchants Europe said, “Coldstore Urk and Coldstore Wibaco are outstanding companies with best in class solutions which have gained the trust of traders, producers and processors in the fish sector. We share the same principles, admire their strong collaboration with local communities, and are proud to welcome them into the AGRO Merchants Group. In addition to continuing as Managing Director of Coldstore Urk and Wibaco, Willem Brands will lead our commodity growth efforts in Europe.”

Willem Brands, Managing Director said, “We are delighted to become part of the AGRO Merchants family. Their business model will allow us to continue having the level of autonomy and responsiveness that has nurtured strong partnerships with our customers and the local communities. We will start an expansion in Urk of 8,000 pallets and plan to implement several other projects in the near future.”

The Coldstores Urk and Wibaco footprint includes three temperature-controlled facilities with a capacity of 25,000 pallets and the necessary floor space to provide a total package of services and solutions. Coldstores Urk and Wibaco are customs bonded warehouses and accreditations include AEO, ASC, MSC, SKAL, and IFS.

About AGRO Merchants Group

AGRO Merchants Group is focused on providing innovative cold chain solutions on a global basis by partnering with the highest quality family-operated businesses and creating new, reliable, and integrated trade networks to help its customers grow. The Company will be investing in modern assets, industry-leading technologies, and value-added service offerings to ensure the highest quality supply chain management standards in the industry. For additional information, please visit AGRO’s website at http://www.agromerchants.com.

AGRO Merchants Group Press Contacts:

U.S.:
Steve Denker
TopRight Partners
950 East Paces Ferry Road
Atlanta Plaza, Suite 2195
Atlanta, GA. 30326
sdenker@toprightpartners.com
+1 404 6316929 x103

Europe:
Bart van de Glind
Benedenboven
Parmentierstraat 9
3772 MS Barneveld
Netherlands
bart@benedenboven.nl
+31 (0) 342 411 311

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Carlos Rodriguez
@agromerchants
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