A giant emerges

London, UK: Private equity investor EmergeVest, which recently made its seventh UK logistics acquisition in the form of CM Downton, is considering further investment in the UK temperature-controlled sector.

Hong-Kong based EmergeVest’s current UK portfolio includes NFT Distribution, NR Evans, supply chain software company Adjuno, Allport Cargo Services and Palletforce

The Hong-Kong based company’s current UK portfolio includes NFT Distribution, NR Evans, supply chain software company Adjuno, Allport Cargo Services and Palletforce. The acquisitions show that EmergeVest is building a UK network at speed, encompassing freight forwarding, pallet, chilled and now ambient.

Heath Zarin, EmergeVest’s chief executive and managing director, told Cold Chain News: “We believe the UK temperature-controlled sector is attractive for further investment.

“We are considering opportunities in this space, largely through our existing investment in NFT.”

Zarin declined to comment on exactly what type of temperature-controlled operator EmergeVest would be interested in targeting.

EmergeVest is also intent of widening its portfolio of UK companies to include more than just logistics. “We have completed several acquisitions in the UK logistics sector and maintain an active pipeline of potential opportunities,” said Zarin.

“In addition to logistics, we are currently interested in business services and technology.”

EmergeVest was established in 2013 and has focused on quality investment opportunities in targeted industry sectors. It is particularly interested in investments in the supply chain, logistics and transport sectors, especially in the UK and China. It acquired NFT Distribution in 2014 and then snapped up NR Evans in August 2016.

At the time of NR Evans’ acquisition Zarin said: “This acquisition will not be our last and demonstrates EmergeVest’s confidence in the UK market as an investment proposition post Brexit.”


Michael Fischer takes Future Leader Award

Arlington, Virginia, USA: Michael Fischer, general manager, RLS Logistics has received the World Food Logistics Organization’s Don Schlimme Future Leader Award. Fischer was presented with …


Chereau cuts chassis weight

Avranches, Normandy, France, Chereau has cut the chassis weight on its trailers byusing new materials. The move is part if the second phase of its …


New staff at IARW and WFLO

Arlington, Virginia, USA: The International Association of Refrigerated Warehouses its research foundation, the World Food Logistics Organization have new board members. Andrew Janson, president, MTC …


Mercadona goes electric for home deliveries

Valencia, Spain: Mercadona is using a Thermo King powered electric van for home deliveries. Eneko Fernandez, product management leader, Thermo King, said: :”We decided to …



  • The CV Show
    Birmingham, UK: The CV Show opens at the end of the month (30 April – 2 May) at Birmingham’s, National Exhibition Centre, United Kingdom.

Latest Tweets

Dearman adds two Krone trailers: bit.ly/2UnsSHL #Trailers #logistics

© 2019 Global Cold Chain News | Terms of use | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 6 Corunna Court, Corunna Road, Warwick CV34 5HQ