- Establishes new platform Polaris by acquiring SuperFreeze Singapore including SuperFreeze Tuas (SFT), a fully operational automated facility with a number of advanced stage pipeline opportunities across APAC.
Morrison, a leading global infrastructure investment firm with over US$30 billion AUM, today announced it has established Polaris, an APAC cold chain platform, through the completion of the acquisition of SuperFreeze Singapore, a Singapore-based cold chain logistics provider serving the food & beverage and pharmaceutical sectors. The acquisition includes an automated cold storage facility in Tuas, SuperFreeze Tuas (SFT).
Singapore’s heavy reliance on imported food – and the refrigerated storage it requires – combined with its role as a major transshipment hub, continues to drive robust, sustained demand for cold storage capacity. Structural constraints in industrial land allocation have reinforced a persistent shortage of modern facilities.
William Smales, Partner and Chief Investment Officer at Morrison, said: “Morrison is committed to investing in the essential infrastructure that underpins resilient, modern economies. With demand for highly automated cold-chain capacity continuing to outpace supply across the Asia-Pacific region, our investment in SuperFreeze positions us to help close that gap and establish a scalable, best-in-class platform. It reflects our strong conviction in Singapore and our ambition to lead the evolution of the cold chain logistics sector across the region.”
Rajiv Khakhar, Executive Director at Morrison, said: “Cold storage logistics play a vital role in enabling regional APAC trade through the storage and transshipment of temperature-sensitive goods, while also ensuring stable food and pharmaceutical supply in high import-dependent economies. We look forward to working with the management team to unlock strategic opportunities across Asia and deliver significant long-term value by addressing a critical, enduring local societal need.”
Troy Shortell, CEO of the platform, added: “This acquisition represents a natural progression in our growth journey and further strengthens our mission to transform critical cold supply chain infrastructure across the region. Building on an already solid foundation, SuperFreeze is now even better positioned to expand our network of advanced cold logistics facilities that leverage high-efficiency refrigeration and distributed energy systems to further reduce our carbon impact. Morrison’s deep expertise in global infrastructure and financial strength reinforces our long-term commitment to leading the transition toward a more sustainable cold chain — increasing food and pharmaceutical availability while preventing waste and minimizing our environmental footprint.”
