NewCold Welcomes Pacaro Italy to the NewCold Group

NewCold continues to transform the cold store industry with significant strategic investment

NewCold has signed an agreement to acquire Pacaro Srl and Pacaro Logistica Srl. This is the first strategic acquisition for our company in Italy. The Pacaro facilities in the center of Italy, near Rome, complement NewCold’s facilities to be built near Milan in the north to strengthen its Italian footprint.

Bram Hage, Founder and Chief Executive Officer of NewCold said: “Pacaro has an impressive reputation and offered a very attractive investment opportunity. The acquisition is consistent with our growth strategy in the region. Together, both companies bring deep experience and capability to the industry. This opportunity will enhance our ability to serve current and new customers while strengthening our global network.”

Roberto Alessio, Founder and Chief Executive Officer of Pacaro said: “I am delighted that our company joins the NewCold family to share its global advanced logistic network with our Italian customers. Since 1984 Pacaro has been the Italian leader of temperature-controlled logistics with highly innovative storage systems. We have a very proud history and today we are pleased to entrust our legacy to NewCold, knowing that this acquisition will provide enhanced opportunities for our customers and employees.”

Following closing of this transaction, the combined NewCold network will feature over 815,000 pallet places of temperature-controlled capacity across nine facilities in six countries, with a global footprint that spans North America, Europe and Australia.

About Pacaro

Pacaro is a professionally managed, multi-generational family owned company established in 1984. The company is very experienced in the management of cold chain processes with a legacy of reliability and long-standing, excellent relationships with customers.

The modern Pacaro cold store east of Rome is located on an area of ​​200,000 m2. The new development site, located south east of Rome, is located in the heart of the central Italian logistics hub, with more than 25,000 pallet places of frozen and fresh stock capacity. www.pacaro.it

 

 

Luca Quaresima of NewCold Awarded 2020 Global NextGen Award

We are happy to share today’s press release of the GCCA:

Today, Luca Quaresima, of NewCold Advanced Cold Logistics, was awarded the 2020 Global NextGen Award from the Global Cold Chain Alliance (GCCA). In the five years of the award’s history, Luca is the first recipient from Europe to be awarded this top honor. The Global NextGen Award recognizes outstanding young professionals in the world’s cold chain industry.

Luca Quaresima

“The Global NextGen Award celebrates the accomplishments of our industry’s rising stars and Luca is a great example of that,” said Brian Beazer, General Manager and CEO of WCS Logistics and the Chairman of the World Food Logistics Organization. “2020 showed us the need for individuals who lead, now more than ever. All of our nominees were in good company and have proven themselves to be great young leaders.”

Among other eligibility requirements for the award, finalists demonstrate excellence in their work; the potential to excel further in many facets within the industry; and insight into their organizations’ strategic values, direction, policies and ways of working.

Candidates for the 2020 GCCA Global NextGen Award were nominated by national refrigerated warehousing organizations to compete virtually for the global award. In addition to Quaresima, finalists included:
• Demi Hiriaki, from Iceland Cold Storage in Australia and winner of the 2019 Frank Vale Award
• Zeshan Hassan, from Congebec, Inc. in Canada, and winner of the 2020 Don Schlimme Future Leader Award
As part of the selection process, each nominee was interviewed and judged by a panel of industry leaders from around the world. Candidates were evaluated on their knowledge level of the industry, track record of excellence, communication skills and leadership skills. In addition, each candidate delivered a ten-minute presentation to the panel of judges virtually.

If you, or a representative from your company, would like to compete for the 2021 award, please visit GCCA’s website for more information.