Schmitz Cargobull Takes 27.5% Stake In India’s Sub Zero Insulation Technologies

Dubai (PlantAndEquipment.com) - Schmitz Cargobull AG, Europe’s largest manufacturer of semi-trailers, has acquired a 27.5% equity stake in Sub Zero Insulation Technologies (SZIT), an Indian producer of refrigerated and dry freight truck bodies. The German company also has the option to increase its shareholding in the future.

The move is part of Schmitz Cargobull’s global expansion strategy and is aimed at strengthening its position in India’s fast-growing cold chain logistics sector. The partnership will combine Schmitz Cargobull’s expertise in trailer technology with Sub Zero’s established presence in the local market.

Under the collaboration, the companies plan to modernize production at Sub Zero’s Pune facility, introduce advanced insulated panels and telematics, and expand exports of modular kits for truck bodies. Training and knowledge exchange programs between the Indian and German teams are also planned.

Founded in 2015, Sub Zero manufactures more than 1,500 units annually and supplies major OEMs including Tata Motors, Mahindra, Ashok Leyland, Volvo Eicher, Isuzu, and Bharat Benz.