 A series of mergers and acquisitions throughout the 1990s put VersaCold on the continental and, by 2005, global map, as the purchase of P&O Cold Storage added operations in the US, Australia, New Zealand and Argentina.In 2010, VersaCold sold its offshore operations and returned to its Canadian roots.VersaCold is jointly owned by Toronto-based private equity firm KingSett Capital and Quebec-based investor Ivanhoé Cambridge.