M&A Deal Summary

Emergent Cold Latin America Acquires Polo Logístico de Frio

On May 2, 2022, Emergent Cold Latin America acquired real estate company Polo Logístico de Frio

Acquisition Highlights
  • This is Emergent Cold Latin America’s 4th transaction in the Real Estate sector.
  • This is Emergent Cold Latin America’s 1st transaction in Uruguay.

M&A Deal Summary

Date 2022-05-02
Target Polo Logístico de Frio
Sector Real Estate
Buyer(s) Emergent Cold Latin America
Deal Type Add-on Acquisition

Target

Polo Logístico de Frio

Montevideo, Uruguay
Polo Logístico de Frio operates a single facility located approximately 30 kilometers from the Port of Montevideo, with extensive land for further expansion. The company offers comprehensive storage and value-added logistics services, including bonded storage capabilities. Polo Logístico de Frio was formed in 2018 and is based in Montevideo, Uruguay.

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Buyer(S) 1

Buyer

Emergent Cold Latin America

Miami, Florida, United States

Category Company
Sector Real Estate
DESCRIPTION

Emergent Cold Latin America is a cold storage network to provide integrated, end-to-end temperature-controlled logistics solutions to customers throughout Latin America. Emergent Cold Latin America was founded to fill a need for modern cold-chain solutions within the market and to serve the increasing demand from domestic and global trade customers. Emergent Cold Latin America is based in Miami, Florida.


DEAL STATS #
Overall 5 of 11
Sector: Real Estate M&A 4 of 8
Type: Add-on Acquisition M&A Deals 5 of 11
Country: Uruguay M&A 1 of 1
Year: 2022 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-24 Friopacífico

Talcahuano, Chile

Friopacífico is an operator of the cold storage business provides a full range of storage and value-added services, including product haulage, reefer connections, online stock monitoring, and photographic reporting. Friopacífico is based in Talcahuano, Chile.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-16 Bodegas frías

Escuintla, Guatemala

Bodegas frías is a third-party cold storage operator that operates three facilities in Palín, Villa Nueva, and Xela (Quetzaltenango), with a total capacity of almost 20,000 pallet positions and additional land for expansion. Bodegas frías was founded in 2006 and is based in Escuintla, Guatemala.

Buy -