Pérez-Llorca advises on the acquisition of Frimercat Group by CubeCold

Pérez-Llorca has advised CubeCold, Europe’s leading provider of cold storage and logistics solutions, on the acquisition of Grupo Frimercat, a key player in frozen logistics services based in Barcelona, to strengthen its presence in the Spanish logistics sector.

This expansion forms part of the growth strategy of the company, which currently manages a portfolio of more than 450,000 pallet spaces in Benelux, UK and Italy and has a strong focus on expansion both organically and through acquisitions.

With a solid reputation and more than 25 years of experience in cold chain management, Frimercat Group is a recognised leader in the frozen logistics sector in Spain. Based in Barcelona, the company is the leading player in Mercabarna, the main food wholesaler and logistics centre in Barcelona, and manages more than 50,000 pallet positions in various locations. It also has a workforce of more than 170 employees.

The team consisted of Corporate partners Alejandro Alberte and Álvaro Ramírez de Haro, together with lawyers Lucía Rodríguez Pérez, Paula Álvarez de la Ballina, Javier Ihatsu and Andrés Castiglioni.