CCH (Commercial Cold Holdings) has made a significant move to expand South Africa’s cold chain infrastructure by investing in CCH Greenbushes, a state-of-the-art commercial cold storage facility in Gqeberha, Eastern Cape.
“This tactical addition to our portfolio will bolster the export market of local citrus and other fruits enhancing the country’s export capabilities while reinforcing South Africa’s position in the global markets,” said Paul Gibbons, CEO of CCH. “At the same time, CCH Greenbushes is well positioned to increase the efficiency of our frozen meat imports. This acquisition follows CCH’s mission to expand and enhance the African cold chain, and work towards food security.”
The CCH Greenbushes investment marks the group’s first greenfield development and is strategically located to leverage the port city’s robust shipping infrastructure.
The cold storage facility, with an 8 000-pallet capacity, is designed for mixed-use applications, catering to fruit exports, frozen imports, and general bulk storage. This multi-purpose approach ensures that the facility can adapt to various market needs, thereby maximising its utility and profitability.
The CCH Greenbushes project is expected to generate approximately 100 new jobs, providing a much-needed boost to the local economy.
“While the fruit sector in the Eastern Cape has always been strong, with great potential for taking maximum advantage of the export market, the local farmers and producers have always been underserviced by local cold storage, often having to look further afield for cold store facilities and access to ports, increasing costs considerably, and this would be exacerbated by the projected export volumes in the region,” said Gibbons. “And the renewable energy alternatives planned means we can operate more efficiently, dependably, and in line with our ESG priorities,” said Gibbons.
With this new facility, CCH aims to mitigate these constraints and ensure that South African produce remains globally competitive.
CCH’s involvement goes beyond capital injection; the group brings its extensive
logistical expertise to bear on the project, enhancing operational efficiency through
advanced systems, infrastructure upgrades, and workforce development.
The Greenbushes facility represents a significant milestone for CCH’s cold
chain platform, which continues to explore further acquisitions and greenfield
developments across the continent. Looking ahead, CCH plans to expand its cold chain logistics platform through additional investments, focusing on both brownfield and greenfield opportunities.
“With our investments, we plan to play a key role in growing the sector while positively impacting local communities,” concluded Gibbons.
About Commercial Cold Holdings
Commercial Cold Holdings (Pty) Ltd (CCH) was established in 2023 to target the growing demand for temperature-controlled logistics as food supply chains are growing in volume, length and complexity across the continent. CCH is a leading cold chain logistics platform controlled by funds managed by African Infrastructure Investment Managers (AIIM), a subsidiary of Old Mutual Alternative Investments achieving significant milestones in its expansion within the temperature-controlled logistics industry.
With a vision to increase food security through cold chain infrastructure expansion and customer centric cold chain solutions. CCH is growing the cold chain in Africa together with their customers, partners and stakeholders. They are committed to meaningfully invest in the people, systems, infrastructure and technology of all the businesses within the group.
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CCH’s investment in the Eastern Cape cold storage facility is a remarkable step towards enhancing South Africa's cold chain infrastructure! This move not only aims to bolster the export market for local citrus and other fruits but also significantly improves the efficiency of frozen meat imports. Paul Gibbons’ emphasis on creating around 100 new jobs is also commendable, providing a much-needed boost to the local economy.
The strategic location of CCH Greenbushes near a port city maximizes its logistical capabilities, which is crucial for reducing costs associated with accessing cold storage. Moreover, the focus on renewable energy aligns with global ESG priorities, ensuring sustainability in operations.
This development shows a clear commitment to addressing the challenges local farmers face with…