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NICHIREI LOGISTICS GROUP TO ANNOUNCE ENTITY MERGER TO SOLIDIFY ITS LEADERSHIP IN THE FOOD LOGISTICS

Nichirei Logistics Group are pleased to announce the merger between Eurofrigo
B.V, Thermotraffic Holland B.V. (both based in the Netherlands), Kevin Hancock Ltd. and Norish Ltd.
(both based in the United Kingdom) that will see the creation of a new end-to-end logistics service
provider for the food industry in Europe.

The merger, effective as of 1st January 2024, brings together the strengths and resources of the several
companies. Where Thermotraffic is a leader in seaport logistics and customs services, Eurofrigo and
Norish are renowned for their cold storage activities and Kevin Hancock is the specialist for value added
services for the food industry. All companies belong to the European arm of Japan based Nichirei
Corporation’s Logistics Division and will now continue as one under the brand name Thermotraffic.
By joining forces, we aim to foster a dynamic synergy that will enable us to meet the ever-evolving
needs of our customers. All organisations share a strong commitment to excellence, customer centricity,
and a passion for innovation. The merger will allow us to leverage our combined expertise and
experience to deliver more value to our clients.

“We are excited about this merger as it represents a significant step forward in our collective mission to
provide innovative logistics solutions to our clients in the food industry. The combined talents and
expertise of all organisations being part of this merger will create a powerhouse that is well-equipped
to address the challenges and opportunities of the future,” said Rob Haesakkers Managing Director of
Thermotraffic, and we see this merger as a strategic move that will enhance our ability to deliver value
to our customers and stakeholders”

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