Brookfield Capital Partners III has completed the acquisition of the Canadian logistics operations of Millard Refrigerated Services, launching a leading national cold storage company, Brookfield Cold Storage.
Through this acquisition, Brookfield Capital Partners is acquiring more than 16 million cubic feet of combined storage capacity in two state-of-the-art facilities in Toronto and Calgary that includes rapid freezing capability. It intends to grow the company utilizing its existing national scale through acquisitions, organic growth as well as expanded service offerings. Terms of the transaction were not disclosed.
