ITLN
Logistics

Envirotainer greets Cinven as new owners

July 13, 2018: Envirotainer, a major player in temperature controlled airfreight solutions for the pharmaceutical supply chain has announced that international private equity firm Cinven has signed an agreement to acquire all shares in Envirotainer from current majority shareholder AAC Capital for an undisclosed sum.

Envirotainer gets Cinven as new owners
X
Envirotainer is a major player in temperature controlled airfreight solutions for pharmaceutical supply chain

July 13, 2018: Envirotainer, a major player in temperature controlled airfreight solutions for the pharmaceutical supply chain has announced that international private equity firm Cinven has signed an agreement to acquire all shares in Envirotainer from current majority shareholder AAC Capital for an undisclosed sum.

“We are very happy to welcome Cinven as our new owners”, said Michael Berg, CEO of Envirotainer. He continued, “Cinven is one of Europe’s leading private equity firms, with substantial activities in healthcare and a strong Nordic track-record. They have an important global contact network, a solid understanding of Envirotainer and our industry, and will be a strong financial backer for our strategy of continued growth.”

“We have been following Envirotainer from a distance for a number of years,” said Pontus Petersson, Partner at Cinven. “Envirotainer is the clear leader in a market segment we believe is very interesting, and the company consistently delivers strong growth and high performance. We are very happy to be part of Envirotainer’s continued future development,” Pontus concludes.

The transaction will be formally closed when all relevant financial regulatory filings have been approved. It is estimated to be completed within 2018.


Next Story
Share it