Baht 434 million IPO and listing on the MAI

Advisers to the shareholders of Elite Vehicle Supplies on its investment from Vehicle Accessories Solutions Ltd T/A Motormax.

YES Corporate Finance (“YES CF”) successfully advised the shareholders of HK Logistics & Kloostrans with the sale to One Frio, the pan-European temperature-controlled logistics company. The acquisition adds more than fifty years of operational expertise to the One Frio platform and strengthens its position as a best-in-class operator in the Dutch market. A best-in-class food logistics operator Founded in 1973 and built over five decades by the Van ’t Klooster family, HK Logistics is one of the most respected food logistics operators in the Netherlands. From its facilities in Zelhem, it provides temperature-controlled and ambient storage, blast freezing, tempering, value-added logistics, customs warehousing, and transport for customers across the food sector. Its strength in dairy logistics and integrated supply chain management has earned it long-term relationships with producers in the Netherlands and internationally. Fifty years of family ownership has produced a culture of operational excellence and reliability that One Frio rates among the best in the sector. More information: https://www.hklogistics.nl/ en https://www.kloostrans.nl/ Adding expertise to the One Frio platform The acquisition adds proven operational capability, experienced people, and deep food logistics expertise to the One Frio platform. HK Logistics strengthens One Frio’s Dutch operations and extends the depth of capability available to customers across the wider network. About One Frio One Frio is a pan-European frozen and temperature-controlled storage company serving the food industry. Operating across the Netherlands, Ireland, and the United Kingdom, and backed by Aermont Capital and Orchard Capital, One Frio provides frozen and chilled storage, blast freezing, transport, value-added logistics, and customs services to food producers and distributors, run to a single operating standard built on operational excellence and best-in-class integration. About HK Logistics & Kloostrans Founded in 1973, HK Logistics and Kloostrans are family-owned food logistics specialists based in Zelhem, the Netherlands. From its Zelhem facilities, the business provides temperature-controlled and ambient warehousing, blast freezing, tempering, value-added logistics, customs warehousing, and transport for customers across the food sector. Over fifty years it has built a strong reputation for quality, reliability, and food safety with producers and distributors in the Netherlands and beyond.

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