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Emergent Cold Latin America Launches With $450Mm Capital Raise To Provide Industry-Leading Temperature-Controlled Logistics Solutions To Customers In Latin America; Completes First Acquisition In Peru

Emergent Cold Latin America Launches With $450Mm Capital Raise To Provide Industry-Leading Temperature-Controlled Logistics Solutions To Customers In Latin America; Completes First Acquisition In Peru

08/25/21, 11:07 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/BR.svgsão paulo
Money raised
$450 trillion
Emergent Cold Latin America (“Emergent LatAm” or the “Company”), Latin America’s newest temperature-controlled warehousing and logistics provider, today announced the launch of the Company with a $450MM capital raise, which will provide food and beverage customers with access to the region’s highest quality cold storage facilities and fill a growing need for integrated end-to-end logistics solutions within the market. Anchor investors are Lineage Logistics (“Lineage”), the world’s largest temperature-controlled industrial REIT and logistics solutions provider; Stonepeak Partners LP (“Stonepeak”), a leading alternative investment firm specializing in infrastructure and real assets; and D1 Capital Partners, an investment fund founded by Dan Sundheim. The Company also announced the completion of its first strategic acquisition of Perú’s newest and most advanced individually quick-frozen (IQF) fruit processing facility located in Piura, along with its 7,300-pallet-position warehouse which serves Northern Perú’s domestic customers as well as the import/export trade at Paita Port.

Company Info

Company
Emergent Cold Latin America
Location
são paulo, pará, brazil
Additional Info
Emergent Cold Latin America is building the highest quality cold storage network to provide integrated, end-to-end temperature-controlled logistics solutions to customers throughout Latin America. The Company was founded to fill a need for modern cold-chain solutions within the market and to serve the increasing demand from domestic and global trade customers.