EQT Private Equity and Mubadala Investment Company have bought Envirotainer, a supply chain services provider, from Cinven and Novo Holdings.
Envirotainer designs, manufactures and leases active temperature-controlled containers.
“The temperature-controlled distribution of pharma products offers attractive and thematic exposure to the fast-growing biopharma end-market. Envirotainer is an integral part of the global pharmaceutical infrastructure and the clear global market leader,” said Ali Farahani, partner within EQT Private Equity’s advisory team. “We continue to see significant growth potential ahead and are excited to partner with the management team to unlock the full potential together with Mubadala.”
EQT and Mubadala were advised by Jefferies International (M&A), McKinsey & Company (commercial), White & Case (legal), and KPMG (financial, tax, operations).