TITAN acquires Container Exchange (UK)

This latest move is part of a series of major investments made by TITAN in the UK cold storage market in the past 12 months and follows the acquisition of ArcticStore last year. Other investments have included a fleet renewal programme to replace older equipment with state of the art power efficient Thermo King and Daikin units, as well as the introduction of the ArcticStore ‘AP’ and ‘XXL’ models.

Commenting on the latest acquisition, Layland Barker, managing director of TITAN, said, “We are committed to offering the highest possible quality of user friendly portable cold storage units. This acquisition is particularly advantageous as many container cold stores were purpose-built for the UK storage market and feature low noise machines making them extremely suitable for use in inner city and residential areas.”

Last month (June) ArcticStore delivered its first 37-pallet capacity portable cold store. The new unit combines traditional 3-pallet wide body technology with knowledge from the container industry to improve the product, including wider temperature settings (-35c to +30c) and lower running costs, whilst also significantly reducing the investment costs and therefore the final cost to the customer.