Cargostore Worldwide, a global supplier of DNV and ISO certified shipping containers for onshore and offshore projects, has completed the acquisition of Reftrade UK and Environstore.
The multi-million-dollar deal marks Cargostore's first acquisition in its 30-year history and signifies a new phase of growth for the combined group.
The move marks a major step in Cargostore’s strategic expansion into key UK offshore hubs, including Aberdeen, a global epicentre for offshore logistics.
The acquisition enables rapid mobilisation of high-spec DNV 2.7-1 and ISO certified equipment across Scotland, the North East of England, and East Anglia, strengthening Cargostore's domestic footprint.
The acquisition also adds Reftrade's Zone 2 ATEX approved EX refrigerated containers for hazardous offshore and pharmaceutical environments and Environstore's mudskips for drilling and decommissioning projects.
These additions allow the company to meet growing demand across offshore wind, decommissioning, clean energy and pharmaceuticals, while continuing to support complex global operations with scale and speed.
Cargostore's extensive fleet of CSC certified Cargo Carrying Units (CCUs) is now available to Reftrade and Environstore clients, ensuring seamless support for projects in challenging offshore conditions.
The acquisition also enhances Cargostore's Intermodal Division, providing temporary cold storage solutions to pharmaceutical and humanitarian sectors worldwide.
The combined strength will enable improved service to defence, government, and aid clients requiring fast, reliable, and compliant storage and logistics solutions.
Andrew Hart, CEO of Cargostore Worldwide, said: "The transition to renewable offshore energy sources, decarbonisation and decommissioning has been a core part of Cargostore’s growth story alongside supporting the global demand for clean gas and oil. This is an exciting moment as we fast-track our global growth through key strategic partnerships, new products, new geographies and for the first time, acquisitions. In other words, we’re just getting started."
