Sunday, April 7, 2019

Emergent Cold Acquires Finlays Colombo Limited in Sri Lanka


Chris Jamroz serves as the CEO of St. George Logistics Holdings, a leading provider of distribution and transportation services in North America. In addition to running the company, Chris Jamroz is on the board of Emergent Cold, a company that provides refrigerated warehousing and transportation services to multinational customers.

On January 29, 2019, Emergent Cold finalized its acquisition of the temperature-controlled logistics company Finlays Colombo Limited (Finlays) in Sri Lanka. According to Gihan Jayasinghe, CEO and Country Head of Finlays in Sri Lanka, the sale was part of the company’s strategy to expand its tea-related business. 

Operating since 1893, Finlays is one of the largest suppliers of tea, coffee, and botanical extracts in the world. Finlays has a vertically integrated supply chain, wherein the sourcing of raw materials, extraction, packaging, and new product development are all done in-house. The company also has the largest cold storage capacity in Sri Lanka, housing 14,000 pallet positions.

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