Cargostore Worldwide has acquired Reftrade UK and Environstore, enhancing its offerings in refrigerated and offshore equipment while positioning itself for growth in critical industries.

Information on the Target

Cargostore Worldwide has successfully acquired Reftrade UK and Environstore, solidifying its position as a leader in refrigerated container and offshore equipment solutions. Based in Aberdeen, both Reftrade and Environstore are recognized for their commitment to high-quality products and services, which will significantly enhance Cargostore's offerings and geographical presence.

This strategic acquisition marks a pivotal moment in Cargostore's 30-year history, as it expands its capabilities to serve crucial industries such as offshore energy, clean technology, pharmaceuticals, and humanitarian logistics. The deal also enhances Cargostore's portfolio with the inclusion of Reftrade's ATEX-approved EX refrigerated containers for hazardous environments and Environstore's DNV-accredited offshore skips dedicated to sustainable waste management.

Industry Overview in the Target’s Specific Country

The refrigerated container and offshore equipment sectors in the UK are poised for significant growth, largely driven by advancements in technology and increasing demand from multiple indust