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Home » Present » Zona Franca and Phoenix Strategyon formalize the contract to occupy the former Procosur warehouse

Zona Franca and Phoenix Strategyon formalize the contract to occupy the former Procosur warehouse

Jorge Ramos, State delegate to the Consortium, and Juan Manuel Balaguer, president of Phoenix Strategyon, sign the agreement by which this Cádiz-based food company settles on more than 11,000 m2 of the plant located in the Fiscal Precinct

With the formalization of the contract, the activity of the plant where Phoenix Strategyon will develop storage, production, distribution and export activities of food products from Cádiz to the rest of the world is recovered.

The investment in the plant will be more than 5 million euros and it will have a staff of 88 employees

The Special Delegate of the State in the Free Trade Zone of Cádiz, Jorge Ramos, and the president of the company Phoenix Strategyon, Juan Manuel Balaguer, signed the contract a few days ago for the installation of the company in the warehouse of the old Procosur in the tax area, once the Contracting Board of the Consortium awarded this equipment last June after positively evaluating the offer presented by the food company, which will make an investment of more than 5 million euros and will have a staff of 88 workers.

With the signing of the contract, the recovery of activity in a warehouse of more than 11,000 m materializes2 and the filling of the spaces in the historic tax area of ​​the Zona Franca is confirmed, which demonstrates the necessary expansion of the area to the lands of the old Altadis.

Phoenix Strategyon is a company specialized in Bromatology, the science that studies food in terms of its production, handling, conservation, processing and distribution, as well as its relationship with health.

In the Free Zone warehouse, Phoenix Strategyon is going to install a functional food processing plant from which it plans to become a driving force in the traffic of agri-food products from Cádiz to the rest of the world, exporting European foods to foreign markets.

The old Procosur warehouse perfectly covers the needs of this company since both its capacity, the refrigeration facilities and the possibility of handling dry cargo, in addition to its location in the Tax Precinct very close to the dock, make this equipment ideal for its activity.

In fact, the company plans intense activity from the Cádiz warehouse that includes a sea salt drying facility, as well as its strengthening and packaging; crustacean keeper, mollusk purifier and marketer of fresh fish, crustaceans and live mollusks; obtaining aloe vera gel and powder; cold storage and distribution of food products; storage and distribution in general; international purchasing platform; and development of products transformed from indigenous agri-food raw materials.

The signing of the contract between the Free Trade Zone and Phoenix Strategyon is the culmination of intense work by the Consortium to market the ship and thus return it to activity. In this sense, the Executive Committee of the Consortium held on May 19 authorized the termination of the lease contract with the frozen food company Procosur, in bankruptcy proceedings since the beginning of 2014, which allowed the debt that the frozen food company had with Zona Franca to be settled – and which amounted to approximately 1.9 million euros – with the payment of part of the machinery and facilities. In this way, the Consortium and Procosur liquidated the lease contract that had bound them since November 2012 for the use of the Interior Campus plant.

Cabe recordar que la Zona Franca invirtió alrededor de 8 millones de euros entre los años 2009-2011 en estas instalaciones de la antigua Procosur, acometiendo la obra civil de la planta, que estaba destinada a aumentar su competitividad con una infraestructura moderna y equipada con la última tecnología en instalaciones frigoríficas y maquinaria productiva. Finalmente, la empresa entró en concurso de acreedores en 2014, y terminó disolviendo su actividad y cerrando.