Arcus to acquire Coolworld Investments from Gimv.

Arcus, a fund manager, agreed to acquire Coolworld Investments, an industrial temperature control equipment rental specialist, from Gimv, a European investment company. Financial terms were not disclosed. “As part of our broader industrial infrastructure sector strategy, Coolworld stands out as a market-leading pureplay specialist in the temperature control asset leasing space. The Company has a well invested asset fleet, top-tier management team, long-term operating relationships and excellent market reputation, with decades of track record in providing its mission-critical asset rental solutions to growing and resilient end markets in Europe. It is an excellent fit within AEIF3’s infrastructure investment strategy, and a business where we can leverage our significant experience in value-add asset leasing as well as cold chain infrastructure. We look forward to working closely with Coolworld’s excellent management team to deliver the next phase of growth for the Company,” Jordan Cott, Arcus Infrastructure Partners.