UAB ICECO Holding

UAB ICECO Holding is a Lithuanian private holding company that consolidates and manages the ICECO group of companies engaged in cold-chain logistics, frozen and chilled food production, and distribution. The group is widely associated with large-scale temperature-controlled warehousing, third‑party logistics (3PL), and manufacturing of frozen foods (including fish and seafood, meat and ready meals, vegetables, pastries and desserts) for retail, foodservice, and export markets across the Baltics, Nordics, and the EU.

Company Overview

Legal name: UAB ICECO Holding
Type: Private limited liability company (Uždaroji akcinė bendrovė)
Country: Lithuania
Headquarters: Kaunas region (commonly associated with Kaunas and Kaunas Free Economic Zone for group operations). Exact registered address provided under Legal Information if available.
Industry sector: Holding company (food production, cold-chain logistics, and distribution group)
Founded: The holding structure was formed in the 2010s; the group’s operational roots trace back to the early 1990s when the predecessor distribution business emerged (commonly referenced as “Kraitenė” prior to rebranding to ICECO).
Business scope: Corporate ownership and strategic management of group companies in food manufacturing, import/export, and temperature-controlled logistics.

Legal Information

Įmonės kodas (Company code): Not publicly confirmed in open sources consulted for this profile. Obtainable from the Lithuanian Centre of Registers (Registrų centras) or reputable business directories.
PVM kodas (VAT code): Not publicly confirmed in open sources consulted for this profile.
Official website (Group): https://www.iceco.eu (the holding itself does not appear to maintain a separate public website; group-level site is commonly used)
Official email: A general group contact such as info@iceco.eu is commonly used; a dedicated holding email is not publicly confirmed.
Registered office address (Holding): Not publicly confirmed in open sources consulted for this profile. Group operations are widely associated with Kaunas region (including Kaunas Free Economic Zone). Exact corporate registered address should be verified via Registrų centras.
Phone (Holding): Not publicly listed in open sources consulted. Group-level contact phones are typically provided by operating subsidiaries and logistics units.

Business Operations

Core activities (via subsidiaries):
- Temperature-controlled warehousing and 3PL distribution (frozen and chilled)
- Frozen and chilled food production and packaging (fish and seafood, meat and ready-to-eat meals, vegetables, dumplings and dough products, bakery and dessert items)
- Private-label manufacturing (PL) for retail chains and foodservice, alongside own brands (where applicable within subsidiaries)
- Import/export, customs clearance, value-added services (order picking, labeling, repacking), and nationwide last-mile distribution in Lithuania with regional coverage in the Baltics and EU

Business model: The holding operates as a parent company overseeing a portfolio of specialized operating entities. Revenue is generated at subsidiary level through manufacturing contracts (including private label), branded sales to retail and HoReCa channels, and integrated cold-chain logistics services to both group and third-party clients.

Market position: ICECO group companies are frequently cited among significant cold-chain logistics and frozen-food market participants in Lithuania, competing with large domestic and regional players in seafood, frozen ready meals, pastries, and logistics services.

History

Origins: The group’s operational heritage is commonly linked to a Kaunas-based frozen foods and ice-cream distribution business active since the early 1990s (often referenced in media and directories as “Kraitenė”).

Rebranding and group formation: During the 2010s, the enterprise underwent brand consolidation under “ICECO,” and a formal holding entity (UAB ICECO Holding) was established to streamline governance, capital allocation, and acquisitions.

Expansion and acquisitions: Over the last decade, the group broadened its footprint in frozen food manufacturing (e.g., fish/seafood processing and meal solutions) and invested in large-scale temperature-controlled warehousing and distribution infrastructure in the Kaunas region to serve Lithuania and export markets.

Certifications and quality: Subsidiaries have generally pursued international food safety and quality certifications (such as BRC/IFS) to support private-label and export growth. Specific subsidiary certifications should be confirmed per entity.

Financial Information

Revenue and profitability: Consolidated financials for UAB ICECO Holding are not published in a single public source. Subsidiary-level financial statements are typically filed with Registrų centras and summarized by Lithuanian business information providers (e.g., Rekvizitai, Creditinfo, Verslo žinios rankings). Public figures vary by year and entity.

Funding: The holding is privately owned; no public equity issuances are recorded. Growth capital for logistics infrastructure and manufacturing capacity has historically been financed through internal resources and conventional bank financing at subsidiary level (as indicated by media overviews and business directories).

Ownership structure: Private Lithuanian ownership. Beneficial owners and share breakdown are available via official corporate extracts from Registrų centras; open-source confirmation was not available for this profile.

Leadership and Management

Vadovai (executives): The legally registered director(s) and authorized signatories of UAB ICECO Holding are recorded in Registrų centras. Specific names and positions were not publicly confirmed in the open sources consulted for this profile and should be verified via an official company extract (JAR).

Board and governance: If a supervisory or management board is constituted, membership is recorded with Registrų centras. No independently verifiable, up-to-date list was available in open sources.

Office Locations

Holding registered office: Not publicly confirmed in open sources consulted. Obtainable from Registrų centras.
Group operations hubs (indicative): The ICECO group is widely associated with major cold-chain logistics capacity in the Kaunas region (including Kaunas Free Economic Zone) and production sites in Lithuania (e.g., fish/seafood and meal production). Exact subsidiary addresses and telephone numbers should be confirmed at the subsidiary level (e.g., logistics unit, fish/seafood entity, meal/meat processing plants), as these are typically published by each operating company.

Market Position

Competitors (illustrative):
- Cold-chain logistics and 3PL: Baltic Logistic Solutions (BLS), retail-owned DCs (e.g., Maxima/Rivona, Rimi), and specialized cold-storage operators in Lithuania and the Baltics
- Frozen foods production and distribution: Vičiūnai Group (seafood/surimi), Orkla-owned brands and local producers, Mantinga (frozen bakery/ready meals), and importers of international brands

Market share: No official, consolidated market share data for the holding is publicly available. Subsidiary rankings appear periodically in Lithuanian business media and industry surveys.

Competitive advantages:
- Integrated cold-chain infrastructure linked to nationwide distribution and export logistics
- Private-label and contract manufacturing capabilities under international quality standards
- Diverse product portfolio across frozen categories, enabling cross-category service to retail and HoReCa clients

Recent Developments

Capacity and infrastructure: Over the past years, ICECO group has been repeatedly referenced for investments in temperature-controlled warehousing, modernization of production lines, and operational efficiency (automation, IT integration). Specific project details and commissioning dates should be confirmed with subsidiary announcements.

Sustainability: Lithuanian food manufacturers and logistics operators, including ICECO group peers, have been adopting energy-efficiency measures (e.g., modern refrigeration, heat recovery, rooftop solar) and enhancing traceability and food safety systems. Subsidiary-level ESG details should be verified individually.

Commercial partnerships: The group and subsidiaries have engaged in private-label production for retail chains and in distribution agreements across the Baltics and the EU. Current partnership rosters and contract terms are not publicly disclosed.

Contact Information

Holding company contact: Not publicly disclosed in open sources consulted. Official extracts from Registrų centras will list the registered office and service contacts.
Group-level contact (general):
- Website: https://www.iceco.eu
- Email: info@iceco.eu (general inbox; dedicated contacts may exist for logistics or product inquiries)
- Phone: Not publicly confirmed in open sources consulted; subsidiary pages typically provide direct numbers for sales/logistics/HR.

Notes on Data Availability

UAB ICECO Holding operates as a private holding entity. In Lithuania, authoritative company data (company code, VAT code, registered address, authorized representatives) is maintained by Registrų centras. While third-party directories often mirror these details, this profile refrains from listing unverified identifiers. For official, current records, request an extract (JAR) from Registrų centras or consult a reputable Lithuanian business information service.

Sources and References

- Registrų centras (Lithuanian Centre of Registers) – Official corporate registry and filings (Juridinių asmenų registras). Access: https://www.registrucentras.lt/
- Rekvizitai.lt – Lithuanian business directory (entries for UAB ICECO Holding and ICECO group subsidiaries). Access: https://rekvizitai.vz.lt/
- Verslo žinios (VZ.lt) – Company rankings and sector overviews (Top 1000, Sector Leaders). Access: https://www.vz.lt/
- ICECO group website – General corporate and services information. Access: https://www.iceco.eu/
- Kaunas Free Economic Zone (Kauno LEZ) – Member and investment news (for logistics/industrial capacities in the Kaunas region). Access: https://www.kaunasfrez.lt/ (and related LEZ/industrial news portals)

Important: Specific legal identifiers (įmonės kodas, PVM kodas), the holding’s registered office address, named executives, and phone numbers should be taken from the latest official extract or the holding’s/subsidiaries’ published contacts, as open-source summaries can change and may not always reflect the most current information.