Announced
Synopsis
EQT Partners, a Swedish global investment organization, agreed to acquire Constellation Cold Logistics, a provider of temperature-controlled storage capacity and complementary services, from Arcus Infrastructure Partners, a private equity firm. Financial terms were not disclosed. "In four short years, Constellation, with support from Arcus, has expanded into one of the largest cold storage players in Europe, enabling our clients to benefit from enhanced accessibility and efficiency in their supply chains. We will maintain an absolute focus on responsiveness and customer service together with our commitment to sustainability on our path to net-zero. We’re excited to continue implementing our 2030 strategic plan with the support of EQT, which brings strong infrastructure experience, global scale, and deep expertise in areas like sustainability and digitalization. I'd like to thank the Arcus team for its dedication to this point but, most of all, I’d like to thank all Constellation’s employees for their hard work and continuous support as the company evolves," Carlos Rodriguez, Constellation CEO.
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