Add-on Acquisition • Real Estate

Emergent Cold Latin America Acquires Friopacífico

On November 24, 2021, Emergent Cold Latin America acquired real estate company Friopacífico

Acquisition Context
  • This is Emergent Cold Latin America’s 3rd transaction in the Real Estate sector.
  • This is Emergent Cold Latin America’s 1st transaction in Chile.

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M&A Deal Summary

Date November 24, 2021
Target Friopacífico
Sector Real Estate
Buyer(s) Emergent Cold Latin America
Deal Type Add-on Acquisition

Target Company

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.
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Buyer Overview 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 Context for Buyer #
Overall 4 of 11
Sector: Real Estate 3 of 8
Type: Add-on Acquisition 4 of 11
Country: Chile 1 of 3
Year: 2021 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-22 Martini Meat

Paranaguá, Brazil

Martini Meat is one of the largest cold storage operators that offer customers best-in-class temperature-controlled storage, handling, and transportation services. Its network consists of 74,000 pallet positions, 69,000 square meters of storage capacity. Martini Meat was founded in 1973 and is based in Paranaguá, Brazil.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-02 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.

Buy -

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