Posts tagged "Emergent Cold"

Scales Corp sells Timaru liquid storage business

[23 August/The Country] Scales Corporation Limited has announced that it is selling its Timaru bulk storage business, Liqueo, to SBT Group. Scale’s Managing Director, Andy Borland, said Liqueo enjoyed strong growth with a long term storage contract set to run for another 18 years. He added the operation was sub-scale in the context of the...

Scales to sell cold storage unit to US-based Emergent Cold

[9 May/NZ Herald] Scales Corp will sell its cold storage businesses to US cold chain company, Emergent Cold. The deal will be for $151.4 million. Scales Corp Chairman, Tim Goodacre, said the Group’s strengths were operating fully-vertically integrated agriculture businesses, participating in businesses with an export focus and adding value through connection to the China...