What Spire Group does

Spire Group Limited is a Toronto-based, privately-held third-party logistics company specializing in public refrigerated warehousing (PRW). Founded in 1986 by Patrick A. Gouveia, the company acquires, designs, constructs, finances, and operates temperature-controlled distribution facilities for enterprise customers in the food and pharmaceutical sectors across Canada, India, New Zealand, and the Republic of Georgia. Operations are executed through three brands: Everest Cold Storage (North America), Everest Kool Solutions (international), and Kool Solutions India (a 50/50 joint venture with Samsara Capital Group formed in September 2012).

The company's service offering spans the full PRW value chain - site selection, facility design, project development/construction, sale-leaseback financing, warehouse management, and transportation management. Core technology is the AFS Warehouse Management System developed by Motek, a Windows-based WMS supporting 10-500 concurrent users via radio frequency mobile computers, with directed putaway, replenishment, task interleaving, voice picking, and integrated WMS/TMS. Facility assets are reinforced with automated storage and retrieval systems (AS/RS), barcode/RFID pallet identification, and convertible temperature rooms spanning -29°C to +15°C. Notable facilities include the 4.5 million cubic foot / 14,900 pallet Montreal facility (2009), the Hastings New Zealand facility (2013), and the Taloja/Mumbai India complex (Phase 1 June 2017 at 7,500 pallets, Phase 2 January 2018, December 2019 expansion adding 4,000 pallets).

Spire Group generates revenue through managed-services PRW contracts (storage and distribution for food manufacturers/distributors handling frozen/chilled produce, meat, poultry, dairy, and food enzymes, plus pharmaceutical cold chain customers), recurring lease income from sale-leaseback arrangements where the company purchases and leases back customer facilities, and professional services for facility development and construction project management. GTM is relationship-driven direct enterprise sales with no public pricing or SMB channel. The company is entirely founder/management-owned with no institutional investors, no funding rounds disclosed, and no public listing; it operates with a lean corporate team of 11-50 employees and is led by CEO Patrick Gouveia alongside COO Dianne Hutchison, VP US Operations Dave Hendricks, and Corporate Controller Ronald N. Perryman.

Name

Spire Group

Legal name

Spire Group Limited

Website

https://groupspire.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

Spire Group Limited is a Toronto-based private third-party logistics company that designs, builds, finances, and operates temperature-controlled distribution facilities for food and pharmaceutical manufacturers and distributors across Canada, India, New Zealand, and the Republic of Georgia.

Ownership category

akta.pro rank

Product category

Cold-Chain Logistics & Refrigerated Warehousing

NAICS

Refrigerated Warehousing and Storage (493120)

SIC

Public Warehousing & Storage (4220)

akta.pro primary industry

Food & Beverage Cold Storage (Fresh/Chilled) (TLALABAA)

akta.pro secondary industry

Cold Chain Packaging, Refrigerants & Thermal Qualification Services (as-a-service) (TLAIAIAL)

Keywords

• Cold chain logistics
• Refrigerated warehousing
• Third-party logistics
• Temperature-controlled storage
• Distribution center design

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Public Refrigerated Warehouse (PRW) Services: Third-party logistics services including temperature-controlled storage, warehousing, and distribution for manufacturers and distributors of frozen and chilled foods, as well as pharmaceutical products.
2. Facility Sale-Leaseback: Spire Group purchases customers' new facilities on sale-leaseback arrangements, providing facility financing while generating long-term lease revenue.
3. Facility Development & Construction: Design, construction, and project management of distribution facilities through joint ventures and direct development, including Montreal 4.5M cubic foot facility and India operations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Spire Group Limited acquires, designs, constructs, finances, and operates public refrigerated warehouse (PRW) facilities, providing temperature-controlled storage and third-party cold-chain logistics services for manufacturers, distributors, and pharmaceutical companies. Its subsidiary brands—Everest Cold Storage (North America), Everest Kool Solutions (Australia/New Zealand/Europe), and Kool Solutions India (50/50 JV)—operate PRW facilities spanning Canada, India, New Zealand, Australia, and the Republic of Georgia. The offering bundles site selection, facility design, project development, sale-leaseback financing, warehouse management, transportation management, and integrated WMS/TMS technology into turnkey cold-chain solutions.

Product overview

Spire Group Limited operates a network of public refrigerated warehouses (PRW) through its subsidiary brands Everest Cold Storage (North America) and Everest Kool Solutions (Europe/Asia-Pacific), plus a 50/50 joint venture Kool Solutions India with Samsara Capital Group. The company offers an integrated suite of logistics solutions including site selection, facility design, project development, financing, warehouse management, and transportation management. Core technology includes AFS WMS for warehouse operations, integrated WMS/TMS, voice picking, and RFID-enabled pallet tracking. The portfolio spans temperature-controlled storage facilities across Canada, New Zealand, India, Republic of Georgia, and other regions.

Differentiator

Problem solved

Functional benefit

Products and services

• Site Selection Strategic location analysis for distribution facilities, evaluating dimensions (~5 hectares), zoning, geotechnical requirements, electrical power (5000 KVA), water supply, sanitary sewer, storm water disposal, and land survey requirements. Designed for food manufacturers, distributors, and pharmaceutical companies planning new temperature-controlled facilities.
• Facility Design
• Project Development
• Facility Financing (Sale-Leaseback)
• Warehouse Management
• Transportation Management
• Everest Cold Storage (North American PRW Operations) Spire Group's wholly owned North American subsidiary operating public refrigerated warehouses in Canada, including the 4.5 million cubic foot Montreal facility. Specializes in temperature-controlled storage for frozen and chilled food products and pharmaceutical goods.
• Everest Kool Solutions (International PRW Operations) Spire Group's international subsidiary developing public refrigerated warehousing joint venture relationships in Australia, New Zealand, and other regions. Operates the Everest Kool SolutioNZ facility in Hastings, New Zealand, and previously held a 3-year contract to build and operate facilities in the Republic of Georgia.
• Kool Solutions India (PRW Joint Venture) 50/50 joint venture between Spire Group and Samsara Capital Group of India formed in September 2012 to build and operate large, state-of-the-art public refrigerated warehouses in major Indian metros for chilled/frozen foods and pharmaceutical products. Taloja facility includes 7,500 pallet positions plus a December 2019 expansion of 4,000 pallets.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and secondary.

• Samsara Capital Group of IndiacoreStrategic or Co-development Partner · 1 September 201250/50 joint venture with Samsara Capital Group, a privately-held Mumbai-based investment company with expertise in real estate and land development pan-India. The joint venture formed Kool Solutions India in September 2012 to build and operate large, state-of-the-art PRW facilities in major Indian metros.
• Esar Fry ArchitectecoreTechnology or IntegrationConstruction architect providing engineering, planning, estimating, project management, and general contracting services for facility development projects.
• Broccolini ConstructionsecondaryTechnology or IntegrationConstruction partner collaborating on facility development and construction projects.
• Frazier Racking SystemssecondaryTechnology or IntegrationTechnology partner providing racking systems for warehouse facilities.
• Linde Material HandlingsecondaryTechnology or IntegrationTechnology partner providing material handling equipment for warehouse operations.
• Cimco RefrigerationcoreTechnology or IntegrationTechnology partner providing refrigeration systems essential for temperature-controlled warehouse operations.
• AFS Warehouse Management System (Motek)coreTechnology or IntegrationAFS WMS developed by Motek is the company's core warehouse management technology. Full-featured Microsoft Windows-based WMS supporting 10-500 concurrent users with directed putaway, replenishment, task interleaving, voice picking, and RF support.
• LXE – RF EquipmentsecondaryTechnology or IntegrationTechnology partner providing radio frequency equipment for warehouse operations and inventory management.

Scale indicators10 records

Recent moves10 records

Expansion highlights5 records

Market position

Strengths4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spire Group