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Emergent Cold acquires Melbourne-based Montague Cold Storage

Texas-based Emergent Cold has announced the acquisition of the Montague Cold Storage facilities in Melbourne.
According to Emergent Gold, this acquisition complements its broader strategy of acquiring and developing a global network of cold chain businesses.
Montagues was founded in 1948, by William (Bill) Montague OAM by purchasing a carting operation that turned the Montague name into a fresh food provider. The first orchard was planted at Narre warren, Victoria in 1950. Innovation continued with the introduction of Controlled Atmosphere storage to Australia in 1967, followed by their first cold storage facility at Allansford in 1989.
“We want to thank all the executives and staff who have contributed to this wonderful business over 60 years.  The Montague family and management team will be focussing our energy and future endeavours in the horticultural industry, where there are many exciting opportunities both nationally and internationally,” Ray Montague, Chairman of Montague Group said.
Emergent Cold was founded in 2017 with the vision to build a global cold chain solution for multinational customers.  Emergent Cold has grown through a combination of business acquisitions and greenfield developments in emerging and developing markets.
“We are delighted to welcome the Montague Cold Storage team to the Emergent Cold network.  Combining Montague’s assets with our national service capability will further strengthen our offering to the Australian and International market,” Neal Rider, CEO of Emergent Cold said.

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