Peter Gisel-Ekdahl, Envirotainer CEO

EQT's in­vest­ment arm and Mubadala ink $3B deal for med­ical freight and stor­age com­pa­ny

EQT’s pri­vate eq­ui­ty fund, EQT X, and Mubadala In­vest­ment Com­pa­ny, the in­vest­ment branch of the Unit­ed Arab Emi­rates, are mak­ing a big in­vest­ment in cold chain man­age­ment.

The com­pa­nies have inked a $3 bil­lion deal to buy En­vi­ro­tain­er, a tem­per­a­ture-con­trolled sup­ply chain provider for the trans­porta­tion of bio­phar­ma­ceu­ti­cals, from Cin­ven and No­vo Hold­ings.

En­vi­ro­tain­er was found­ed in 1985 in Stock­holm, where its head­quar­tered. The com­pa­ny de­signs, man­u­fac­tures and leas­es ac­tive tem­per­a­ture-con­trolled con­tain­ers, used pri­mar­i­ly for air-freight­ing bio­phar­ma prod­ucts. The com­pa­ny main­tains a stock of 6,700 con­tain­ers glob­al­ly and has ap­prox­i­mate­ly 375 em­ploy­ees in 20 coun­tries. It al­so has more than 600 cus­tomers world­wide.

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