Cargostore Expands with Strategic Acquisition of Reftrade UK

Cargostore Worldwide, a portfolio company under Agathos Management LLP, has successfully completed its first strategic acquisition by purchasing Reftrade UK and Environstore. These Aberdeen-based companies specialize in high-quality refrigerated container and offshore equipment solutions. This substantial acquisition, facilitated by Agathos and co-investor Connection Capital, marks a significant milestone in Cargostore's 30-year history, significantly broadening its product range and expanding its geographical presence. The transaction strengthens Cargostore's ability to serve crucial sectors like offshore energy, clean technology, pharmaceuticals, and humanitarian logistics. Vital assets acquired in this deal include Reftrade's ATEX-approved EX refrigerated containers and Environstore's DNV-accredited offshore skips, which are pivotal for operations in hazardous environments and sustainable waste management. Agathos's continued support positions Cargostore to scale up globally, elevate its sector expertise, and enhance client service excellence through further strategic M&A.