Cube Infrastructure Managers (Cube), an independent European mid-market infrastructure investor, is to acquire a 78% stake in French temperature-controlled logistics operator Dispam on behalf of Cube Infrastructure Fund III, in partnership with Pascal Masse, Chairman of the company who has led its successful development over four decades and will retain a 22% stake.
The closing of the transaction remains subject to customary antitrust clearance.
Dispam is a multi-regional logistics provider in France, offering temperature-controlled transport solutions for fresh food produce.
Partnering with Dispam’s founder, Cube will apply its operational and financial expertise, as well as sector knowledge, to support the growth of the business through the creation of new sites/hubs to accompany existing clients in new regions, as well as through potential acquisitions of other operators with a complementary geographical footprint.