OLMO Capital was formed in 2015 by Mario Coronado and Alejandro A. Gonzalez. It started as a Search Fund and soon after its launch, an investment thesis around cold storage consolidation in Mexico was developed.

In 2017, OLMO acquired IRESA, the Cold Storage leader in Central Mexico, with the intention to use its footprint as a platform to embark on a mission to build a national cold supply chain network through a combination of acquisitions and organic growth. In 2018, OLMO acquired BASAL, the cold storage leading player in Monterrey and Tijuana. In 2020, OLMO acquired Ecofrio and Frezz Logistics, in Mexico State and Monterrey, respectively.

Qualianz was born to continue on our mission under a single brand and identity. Today we operate 33 modern cold and dry facilities in key major logistics markets, trade routes, and population centers. Our Company comprises more than 194,000 pallet positions (102,000 cold and 92,000 dry), 60 million total cubic feet of capacity, and over 800 employees.

We proudly stand as the most dynamic, best-in-class Cold Supply Chain player in Mexico, with a clear path to continue building the country’s Cold Supply chain infrastructure.