Emergent Cold LatAm, the region’s largest provider of refrigerated storage and logistics solutions, has raised $500 million from new and existing investors. The latest funding round was led by Stonepeak Partners, Lineage and Losa Group.
With this new capital, Emergent Cold LatAm will continue expanding its regional cold storage network through its deep investment pipeline across business acquisitions, greenfield projects and expansions of existing facilities. The company also plans to use some of this capital to invest in technology and best practices.
To date, Emergent Cold LatAm has completed 18 acquisitions and two new construction projects, with an additional nine greenfields in active development. The company now operates more than 70 warehouses totaling more than 5.4 million cubic meters of storage capacity in 11 countries across Latin America.
The latest funding brings total equity raised since July 2021 to $1.2 billion.
“The investment opportu