AoFrio keeps cool on capital raise plans to aid global expansion
NZX-listed refrigeration hardware and software provider aspires to triple revenue by 2030.
AoFrio was formerly known as Wellington Drive Technologies.
AoFrio has an aspiration to more than triple its revenue over the next five years, but the NZX-listed ‘smart refrigeration’ company will need to successfully expand to new geographies and product verticals to do so.
It will also need to raise capital, although its board has not yet indicated how
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