Announced

Completed

Arcus-backed Coolworld completed the acquisition of The CRS Group from Renatus.

Synopsis

Arcus-backed Coolworld, an industrial temperature control asset rental solutions provider, completed the acquisition of The CRS Group, a temperature control specialists, from Renatus, a boutique private equity firm. Financial terms were not disclosed. "We are extremely pleased to join forces with the CRS team and build on their exceptional track record of growth and innovation in modular cold storage leasing. The Coolworld and CRS businesses are highly complementary on so many levels, and we are certain that together we will be able to provide a broader and even higher quality suite of rental solutions to our customers," Ruud van Mierlo, Coolworld CEO.

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