Northern cold storage and logistics operation enters East Anglia with family firm buy-out

A major cold storage business with operations across the North has extended its footprint with an East Anglian acquisition.

The Ice Co Storage and Logistics - the distribution arm of Hull-based J Marr Group - is headquartered in West Yorkshire, with further sites in Preston and Newcastle. It has bought Savage Haulage Ltd in a multi-million pound deal.

It is described as one of the largest temperature-controlled storage and logistics businesses in its region, with sites in March, Cambridgeshire, and Thetford, Norfolk. The £5.9 million turnover company has been a family business for 60 years run by brothers Martyn and John Savage.

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Paul Martin, managing director of The Ice Co Storage & Logistics, said: “The acquisition of Savage Haulage provides us with greater geographic reach and capacity and allows us to benefit from greater economies of scale in the face of inflationary pressures which are eroding margins across the haulage and cold storage industry. Combining operations puts us on a firm footing for growth in the years ahead.”

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