DP World and U.S.-based temperature-controlled warehousing and logistics company, Americold, has signed a partnership agreement that will enable multi-million investments to boost a sustainable global food supply chain.
DP World noted that the collaboration between the two global organisations has already begun – with projects in motion from Canada to the UAE.
"The signing of the partnership agreement further enables the exploration of strategic synergies between DP World and Americold. The combination of Americold's global temperature-controlled infrastructure and strategic customer relationships with DP World's global port infrastructure and end-to-end logistics solutions will result in unprecedented optimisation of global food flows," the announcement said.
The agreement was signed by Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World and George Chappelle, CEO of Americold on November 18, 2022.
"We are committed to leading global trade into a more resilient, efficient and sustainable future. Our partnership with Americold has the potential to help us spread the benefits of trade to new people and new places; to push our sector to a more sustainable future," said Sultan Ahmed Bin Sulayem, Group chairman and CEO of DP World.
George Chappelle, the CEO, of Americold, noted that with nearly 250 facilities in strategic locations around the world, the company have become an "indispensable component" of global food infrastructure - from farm to fork.
"This partnership with DP World, which shares our commitment to customer success and global supply chain optimisation, will enable us to help our customers feed the world with less waste, lower cost, and more efficiency," Chappelle said.
