Cold Solutions, a leading temperature-controlled warehouse and logistics 
service provider, announced that it will invest USD 70 million to construct 
state-of-the-art, temperature-controlled cold storage warehouses in Kenya.

Cold Solution's 15,000 sqm flagship facility in Tatu City Special Economic Zone 
in Nairobi will be the largest, most advanced and efficient in the region. The 
facility is flexibly designed to cater for numerous temperature ranges from +26 
to -40 C and multiple product ranges, from fresh fruit and vegetables, to 
pharmaceuticals and vaccines, meats and poultry, and frozen foods. 

Cold Solutions Kenya is a portfolio company of ARCH Cold Chain Solutions East 
Africa Fund, a private equity fund advised by ARCH Emerging Markets Partners 
Limited (ARCH).

"Cold Solutions' one-stop-shops are designed to allow businesses to keep track 
of products in real-time and facilitate transportation across East Africa 
through temperature-controlled trucks, either within the inner city or to 
long-haul destinations," said Jared Irving, Managing Director, ARCH.

The United Nations' Food and Agriculture Organization estimates that over 40% 
of food in Sub-Saharan Africa perishes before it reaches a consumer. This can 
be as high as 60% for fresh produce in Sub-Saharan Africa.

Chris Barron, Kenya Country Head for Rendeavour, Tatu City's owner and 
developer, says, "We are delighted to welcome Cold Solutions' transformational 
cold storage complex to Tatu Industrial Park, which is home to more than 50 
Kenyan, East African and multi-national businesses building best-in-class 
facilities in Kenya's first operational Special Economic Zone."

Tatu City is a 5,000-acre, mixed-use development with homes, schools, offices, 
a shopping district, medical clinics, nature areas, a sport and entertainment 
complex, and manufacturing area for more than 150,000 residents and tens of 
thousands of day visitors. Schools and businesses are already open at Tatu 
City, and a range of homes suits all incomes. Tatu City represents a new way of 
living and thinking for all Kenyans, creating a unique live, work and play 
environment that is free from traffic congestion and long-distance commuting.

Photo - https://mma.prnewswire.com/media/1213291/Cold_Solutions_Tatu_City.jpg  
Photo - https://mma.prnewswire.com/media/1213292/Tatu_City.jpg 

Contact
Faith Mutheu 
FMutheu@tatucity.com 
+254 20 513 1000
info@rendeavour.com 

SOURCE: Rendeavour and Tatu City