Key Points
· Oxford Cold Storage in Melbourne, Australia is to be acquired by Emergent Cold
· Emergent Cold expands its offering in the Asia Pacific region
· Adds Oxford's 24 hectare (60 acre) operation at Laverton North in Victoria to Emergent's Australian network
Emergent Cold and Oxford Cold Storage announced today that they have signed an agreement under which Emergent Cold will acquire Oxford Cold Storage. This acquisition complements the broader Emergent Cold strategy of creating a global network of cold chain businesses. The acquisition is subject to regulatory approval.
In 1951 the Fleiszig and the Stern families established Cambridge Poultry Distributors in South Yarra. Twenty years later, they relocated their operations across Melbourne to be closer to the meat hub in North Laverton. In 1975, they established Oxford to serve the neighbouring meat producers. Oxford has been family owned and operated for 44 years.
Paul Fleiszig, Oxford's operations and marketing director
