VersaCold
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| Type | Public |
|---|---|
| Industry | Industrial Products and Supplies |
| Founded | Vancouver, British Columbia |
| Headquarters | Vancouver, British Columbia |
| Key people | Joel Smith, CEO |
| Products | Industrial & Commercial products and services |
| Revenue |  $210.352 million CAN (2005) |
| Employees | 4,500 (2005) |
| Website | www.versacold.com |
VersaCold is a Vancouver, British Columbia based company that provides warehouse and distribution services.
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[edit] Profile
VersaCold, founded in 1946, operates 73 modern, temperature-controlled warehouses across Canada and in the US, Argentina, Australia, and New Zealand, with a combined storage capacity of close to 272 million cubic feet (7,700,000 m3). They offer custom freezing and food processing, as well as complete third party logistics and transportation services.
The company's customers include food processors, manufacturers, retailers, wholesalers, importers/exporters, and distributors from the packaged goods, meat and poultry, fish, fruit, and vegetable sectors.
Some of their customers include: Cargill foods, Costco wholesale, Kellogg's, Kroger, Nestle, Kraft, and more.
VersaCold is structured such that it is controlled by the VersaCold Income Fund, a limited purpose trust that generates monthly cash distributions for unitholders.
The company was acquired by Eimskip Holdings Inc. effective August 2, 2007, and delisted from the Toronto Stock Exchange.
[edit] Corporate governance
Current members of the board of directors of VersaCold are: David DeLorenzo, W. John Dawson, Eric L. Schwitzer, H. Brent Sugden, Peter R.B. Armstrong, Samuel H. Gudewill, Joseph S. Houssian, and Thomas J. Longworth.
[edit] See also
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