Reftrade UK Announces Ambitious Growth Plans

Aberdeen-based Reftrade UK, specialists in the sale and lease of both new and used refrigerated containers and portable units, announced £500,000 investment to increase the company’s fleet of units and aid ambitious growth plans focused on the North Sea offshore market.

The company is a newly formed venture between Aberdeen founded Abcool Ltd and Dutch refrigeration firm Reftrade, which under the new partnership will see Abcool trading as Reftrade UK.

Managing director Greg Spence will be at the helm of Reftrade UK, driving North Sea growth plans, with the aim of increasing turnover from £500,000 to £1.3million in the next 3 years and staff numbers in Aberdeen are predicted to rise from 2 to 6 in the same time period.

Mr Spence said: “Off the back of a successful year, we have been able to inject some fresh investment in to the company and add to our already comprehensive fleet of units, including equipment which consumes less energy and less CO2 emissions.

“We aim to achieve our financial projections by focusing on three main growth areas; offshore rental of refrigerated containers, project managed builds of bespoke zone 1 and 2 explosion proof containers, and sale of 10ft, 20ft or bespoke refrigeration units.

“Joining forces with the Reftrade Group means that we not only have new investment to help drive future growth plans, including recruiting locally, but have also expanded our capability to supply the global market.”

Reftrade UK offers dedicated refrigeration facilities that exceed both British and European safety standards for the offshore and onshore markets. Reftrade UK is the perfect solution for all temporary or permanent cold storage needs.

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Source: Reftrade, May 3, 2012