Emergent Cold LatAm, a São Paolo, Brazil-based provider of refrigerated storage and logistics solutions, raised US$500M in funding.
The round was led by Stonepeak Partners LP, Lineage and Losa Group with participation from new and existing investors.
The company intends to use the funds to continue expanding its regional cold storage network through its investment pipeline across business acquisitions, greenfield projects and expansions of existing facilities.
Led by CEO Neal Rider, Emergent Cold Latin America is a provider of refrigerated storage and logistics in Latin America and the Caribbean. It was founded in August 2021 to meet the need for cold chain solutions in the market, and the growing demand from local and global customers.
It currently operates more than 70 cold storage facilities in 11 countries in Latin America, in addition to new warehouses under construction.
FinSMEs
08/12/2023