Madrid, April 1^st, 2025 – CubeCold, a leading European provider of cold storage and logistics solutions, has established its position in the Spanish market with the acquisition of Grupo Frimercat, a key player in frozen logistics services based in Barcelona. This expansion is part of the company’s growth strategy, which currently manages a portfolio of over 450,000 pallet spaces in Benelux, the UK and Italy and has a strong focus on expansion both organically and through acquisitions.

Comprehensive solutions and enhanced coverage in the Iberian market

The acquisition of Grupo Frimercat significantly strengthens CubeCold’s offering, enabling the company to enhance its end-to-end temperature-controlled logistics services offered to customers with an entry into Spain. With a well-established reputation and over 25 years of experience in cold chain management, Grupo Frimercat is a recognised leader in the frozen logistics sector in Spain. Headquartered in Barcelona the company is the number one player in Mercabarna, Barcelona’s primary food wholesaler and logistics hub, and manages over 50,000 pallet positions across several locations. This provides a highly attractive entry point into the Spanish market for CubeCold and strengthens its commitment to operational excellence and customer service. “Integrating Grupo Frimercat into our network marks a key strategic step in CubeCold’s expansion into Spain. Not only are we increasing our storage and distribution capacity, but we are also enhancing our ability to provide efficient and high-value logistics services to our clients in a strategic country for CubeCold,” says Paul Jukes, Chief Operating Officer at CubeCold.

A legacy of stability and growth: Frimercat’s success story 

With a workforce of over 170 employees, Grupo Frimercat has established itself as a leader in frozen logistics services in Catalonia. The integration with CubeCold represents a strategic move to strengthen its operational capacity and expand its reach in the European market. “This move is a fantastic opportunity for Grupo Frimercat and our clients. Becoming part of CubeCold will allow us to drive innovation, enhance our services, and ensure even greater efficiency in our logistics operations,” says Jaime Blanqué Gil, Chairman of the Board at Grupo Frimercat.

CubeCold will continue to build-upon Frimercat’s positive reputation in the market, with continuity of branding and services, ensuring that Frimercat’s high service and quality standards remain unchanged. “Our top priority is ensuring peace of mind for our clients. With CubeCold’s support, we will enhance our capabilities and strengthen our position in the Spanish cold storage market, significantly expanding our joint geographic footprint. We will continue to focus on operational excellence and continuous improvement of our services, while maintaining our corporate values and culture. Our customers now will have access to a pan-European cold storage network,” adds Jordi Fabregat, Managing Director at Grupo Frimercat.

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 approximately 450,000 pallet spaces, spread across 23 locations in the Benelux, the United Kingdom, Spain and Italy, with the aim of rapid further expansion, both organically and through additional acquisitions.

About Grupo Frimercat

Grupo Frimercat is a key player in the frozen logistics sector in Spain, offering advanced cold storage, distribution, and temperature-controlled services for producers, wholesalers, and distributors of perishable goods. Based in Barcelona and operating within Mercabarna, El Prat de Llobregat, Terrassa and Getafe, the company plays a crucial role in Spain’s frozen logistics industry.

Grupo Frimercat is comprised of Frigoríficos del Mercat del Peix S.A. and Interlogística del Frío SAU. Additionally, the group holds stakes in two other companies, both based in Mercabarna: Plataforma Logística de Barcelona and Mercaeurofrio. These operations reinforce its leadership in frozen logistics services, both nationally and internationally.