Madrid, 3rd March, 2026 – CubeCold, a leading European provider of cold storage and logistics solutions, has continued it’s growth in the Spanish market with the acquisition of Ferrocold 2025 S.L., Ferrolaboratorios Albacete S.L. and Ferroice S.L. (together, “Ferroice”), a leading cold storage player in the Albacete region.

Expanded geographic coverage of the Iberian market

Ferroice offers more than 200,000m3 of temperature controlled storage (-17°C and above) and has over a decade of experience serving agricultural and frozen food producers, processors and distributors across multiple categories including fruits, vegetables and ice cream. Ferroice has 35 temperature-controlled chambers with capacity for 210,000 storage positions in a key production and distribution region of Spain. In addition, Ferroice operates an in-house fleet of ambient and temperature-controlled trucks, which is fully integrated into operations providing customers with enhanced operational control, service reliability, and flexibility across storage and distribution flows.

“The addition of Ferroice to CubeCold secures our Spanish and European growth strategy. It strengthens our footprint in a key agricultural region, expands our capacity, and enhances our ability to support customers with reliable, high-quality end-to-end cold chain solutions. Ferroice’s track record and long-term relationships with key producers makes them a perfect fit as we continue expanding our end-to-end cold chain solutions across Europe” says Paul Jukes, Chief Operating Officer at CubeCold.

CubeCold will continue to build-upon Ferroice’s positive reputation in the market, with continuity of branding and services, ensuring that its high service and quality standards remain unchanged. Furthermore, Cube Cold will continue to invest in value accretive projects with the aim of delivering further chilled and frozen storage capacity to both new and existing customers.

“We are extremely pleased to welcome Ferroice into CubeCold Spain. This acquisition represents a major step forward in strengthening our presence in Castilla-La Mancha, a key agricultural and food-producing region in Spain. Beyond the strategic location, we are particularly proud to be incorporating a highly professional and experienced team, together with a high-quality asset of significant scale and capacity.

For Ferroice’s customers, this transaction expands their access to storage capacity within Cube Cold’s pan-European network, providing additional flexibility. In addition, through Ferrolaboratorios Albacete S.L., we will further develop our portfolio of high value-added services for the agricultural and food sectors, reinforcing our long-term positioning in Spain.” adds Jordi Fabregat, Managing Director of Spain at CubeCold.

Assisting CubeCold on this transaction was Pérez-Llorca and Nexosponsor.

About CubeCold

CubeCold is a leading pan-European cold storage and logistics company focused on utilizing local expertise to drive customer centric solutions in storage, transport and value-added services of food and pharmaceuticals in frozen, chilled and controlled ambient temperatures. CubeCold focuses on ports and logistics hubs across Europe and has grown into one of the major players in this sector. Including its pipeline of greenfield and expansion projects, CubeCold has a portfolio of more than 667,000 pallet spaces, spread across 28 locations in the Benelux, the United Kingdom, Spain and Italy, with the aim of rapid further expansion, both organically and through additional acquisitions.

About Ferroice

Ferroice is a key player in the frozen and chilled logistics sector in Spain, offering advanced cold storage and temperature-controlled services for producers, processors and distributors of perishable goods including fruits, vegetables, and ice cream. Based in the Albacete region of Spain, the company plays a valuable role in servicing Spain’s food industry with frozen and chilled logistics.