Pantheon Infrastructure (PINT), a listed global infrastructure fund, is to invest EUR43 million (GBP36 million at current exchange rates) in a European transport and logistics company through Pomodoro Holdings Limited (Pomodoro), a company controlled by funds managed by affiliates of Apollo Global Management (Apollo).
Apollo is a leading global alternative investment firm with a successful track record in the transport and logistics sector.
This is PINT’s first investment since it launched on the London Stock Exchange following a successful and substantially over-subscribed GBP400 million initial public equity offering in November 2021.
The investee company is a specialist market leader in cold chain warehousing, transport and supply-chain management that provides essential export and import operations of fruits and vegetables. The company has a pan-European presence and benefits from a number of strategic partnerships and established, long-term client relationships across the continent. Importantly, it also has a dedicated Research and Development and ESG team focused on several sustainability initiatives, including working towards a 2030 net zero emissions strategy.
The investment is in line with PINT’s stated strategy of building a diversified portfolio of global infrastructure assets.
