EQT Infrastructure VI fund, a fund managed by EQT, has agreed to acquire Constellation Cold Logistics from Arcus Infrastructure Partners. Financial details are not disclosed.
Constellation was established in 2020 by Arcus Infrastructure Partners, which brought together three businesses located in Belgium, Norway and the Netherlands. Just four years later, Constellation today owns and operates 26 large cold storage facilities across seven countries in Western Europe and the Nordics. The London-headquartered firm employs 700 people and is expected to generate revenues more than €150 million ($161 million) in fiscal year 2024.
Constellation provides temperature-controlled storage capacity and complementary services to a wide range of food producers, traders and retailers. Its sites are located either close to clients’ production and processing premises or near critical logistics routes to major cities, ports or food hubs. By offering warehousing and value-added servic
