31 10 2023Business impact

Constellation Cold Logistics acquires Colso

Colso

RDJ advised Colso Coldstorage Ltd ("Colso") on its acquisition by Constellation Cold Logistics, a leading European cold storage and logistics provider. The transaction will allow Constellation to enter the Irish market, strengthening its European footprint and service offering for existing and new customers.

Founded in 1974, Colso is a family-run business based in Togher with particular expertise in dairy and meat sectors across Munster. With 24,000 pallets of storage capacity, the company is driven by both domestic and international customers and has become a supply chain partner to a number of Ireland's largest food producers such as Dairygold, Ornua, AgraKepak and Glenmar.

Constellation is Europe's leading independent cold storage and logistics provider. Following the transaction closing, Constellation will have approximately 640,000 pallet positions of temperature-controlled capacity and a presence across seven European countries.

The RDJ transaction team was led by Gillian Keating (Corporate and Commercial) and included Maria Walsh and Fernanda Camera (Corporate and Commercial), Brendan Cunningham and Steven Scanlan (Banking), Mark Ludlow (Tax), and Michelle Ryan (Employment).

Learn more about our Mergers and Acquisitions team here.

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