Announced
Financials
Tags
Switzerland
Environmental / Waste Management
Cross Border
Pending
climate protection
Minority
Friendly
Acquisition
Private
Single Bidder
Private Equity
Synopsis
Lightrock, a global impact investor backed by LGT and the Princely House of Liechtenstein, agreed to acquire a 10% stake in South Pole, one of the world's largest companies fully focused on fighting climate change. Financial terms were not disclosed. "Climate change has finally become a public, political, regulatory, and corporate hot topic. Reflecting this, we have witnessed a strong growth in carbon markets, driven by growing corporate and consumer demand for climate neutral solutions," Pal Erik Sjatil, Lightrock CEO and Global Managing Partner.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.