Ridgewood Infrastructure has acquired US cold storage firm Valley Cold Storage & Transportation for an unspecified sum.
Valley Cold is a provider of temperature-controlled warehousing and logistics solutions, offering a full range of services to the food, agricultural, retail and pharmaceutical industries.
Ross Posner, managing partner at Ridgewood Infrastructure, said: “This acquisition is in line with our strategy to invest in key infrastructure that supports critical supply chains.
“We’ve been investigating the cold room for some time, and what Clay and Jenny have built up is something special. We look forward to helping Valley Cold realise its growth potential.”
Clay Bush, MD and founder of Valley Cold, said: “We are thrilled to be working with Ridgewood Infrastructure. Their deep understanding of the infrastructure sector, logistics and supply chain management, as well as their commitment to long-term growth, make Ridgewood the perfect partner to take Valley Cold to the next level.”
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