EQT and Mubadala Investment completed the acquisition of Envirotainer from Cinven and Novo Holdings for $3bn.

EQT, a private equity company, and Mubadala Investment, a sovereign wealth fund, completed the acquisition of Envirotainer, a temperature-controlled supply chain solutions provider, from Cinven, a private equity investment firm, and Novo Holdings, a life science investor, for $3bn. “The support of Cinven and Novo Holdings has enabled us to continue to develop best-in-class solutions to support our clients and the healthcare industry, including the recently launched Releye platform and our new CryoSure solution which has enabled us to enter into a new and attractive part of the temperature-controlled transportation market. As a result, Envirotainer has continued to maintain a market-leading position and to serve all top pharmaceutical companies. We are very excited for the company’s next chapter,” Peter Gisel-Ekdahl, Envirotainer CEO.