Add-on Acquisition • Real Estate

Emergent Cold Latin America Acquires Galores

On September 1, 2021, Emergent Cold Latin America acquired real estate company Galores

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

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M&A Deal Summary

Date September 1, 2021
Target Galores
Sector Real Estate
Buyer(s) Emergent Cold Latin America
Deal Type Add-on Acquisition

Target Company

Galores

Panama, Panama
Galores is an asset-based company composed of Brazilian investors focused on the warehousing and logistics field. Galores Cold Storage opened the largest cold storage facility in Central America and the Caribbean with a capacity of 21,000 pallet positions. Galores is based in Panama.
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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 1 of 11
Sector: Real Estate 1 of 8
Type: Add-on Acquisition 1 of 11
Country: Panama 1 of 1
Year: 2021 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-16 DMX Logística

Itajaí, Brazil

DMX Logística is a premier transportation company supporting Brazil’s protein industry. DMX Logística operates a modern fleet of more than 400 trucks and trailers across 13 locations, in addition to rail, sabotage, and other models, serving the largest reefer ports in South Brazil. DMX Logística was founded in 2012 and is based in Itajaí, Brazil.

Buy -