Announced
Financials
Sources
Tags
Cross Border
Transportation Services
Pending
Acquisition
Single Bidder
Friendly
temperature-controlled logistics
Private Equity
logistics company
Spain
Minority
Private
Synopsis
Apollo, an alternative investment manager, agreed to invest in Primafrio, a temperature-controlled infrastructure and logistics company in Europe. Financial terms were not disclosed. “Primafrio and its founding family are very satisfied to welcome Apollo Infrastructure as our long-term strategic partner. As one of the largest and most reputable global infrastructure investors, we believe their investment not only underscores the strong potential of the temperature-controlled transportation and logistics sector in Europe but also validates the competitive advantages of this Spanish and Murcia-based company," Juan Conesa and José Esteban Conesa, Primafrio Executive Chairman and CEO.
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