Cloverleaf Cold Storage

Cloverleaf Cold Storage is a privately held warehouse company that offers public and contract storage in refrigerated, frozen, and dry environments. Over 99% of the company's throughput is related to the food processing, food service, and retail business, making it a significant player in the food industry.

The company's history dates back to 1951 when it began providing refrigerated warehouse services to the food industry in Mankato, Minnesota. However, its roots can be traced back even further to 1934 when it was established as the Farmers Produce Company in Sioux City, Iowa. Over the years, Cloverleaf has expanded its operations through new developments and joint ventures with its customers, solidifying its presence in the market.

In terms of innovation, Cloverleaf has been a pioneer in the industry, being the first to build a rack-supported freezer in the United States and the first to adopt cantilever and push-back rack designs. The company has consistently embraced technological advancements, implementing EDI transactions with its customers in 1989 and introducing bar code pallet tracking in 1991. Today, Cloverleaf stands as one of the largest privately held public refrigerated and dry warehouse companies in the United States.

With its strong legacy, innovative approach, and significant market share, Cloverleaf Cold Storage presents an attractive investment opportunity for venture capitalists looking to tap into the lucrative food industry and the rapidly growing warehousing and logistics sector.