Igneo Infrastructure Partners, a global infrastructure investment manager with $23.6 billion in assets under management, has announced that it has entered into an agreement to acquire Mattingly Cold Storage (MCS), a 275,000-square-foot multi-temperature, post-production focused cold storage business located in Zanesville, Ohio. MCS will serve as the foundation of ChillCo Logistics, a North American cold storage platform established by Igneo and led by Jason Lafferty, an experienced cold-storage industry executive.
MCS is being acquired from a group of individual owners and represents Igneo’s inaugural investment in cold storage infrastructure in the United States, leveraging its deep experience investing in the transportation and logistics sector, including through its existing portfolio companies Patriot Rail and Infinity Aviation.
“The North American cold storage market is highly fragmented and there is strong market demand for high quality facilities servicing r
