Mubadala and EQT to buy global pharmaceutical supply chain solutions company Envirotainer

Mubadala Investment Company, Abu Dhabi’s strategic investment arm, and EQT Private Equity have agreed to acquire Envirotainer, a global temperature-controlled supply chain solutions company for the biopharmaceutical industry.

The financial details of the deal were not provided. However, the enterprise value of Envirotainer is about €2.8 billion ($2.99bn), Mubadala said on Tuesday.

BUSINESS, ECONOMY, PHARMACEUTICAL INDUSTRY, INVESTMENTS

The two partners will support Envirotainer in its next phase of growth, accelerating its expansion in the Asia-Pacific region.

The investment will also help the company to maintain stable growth in its other core markets, leveraging on EQT’s “local with locals” approach and Mubadala’s global network.

Read More : https://www.thenationalnews.com/business/economy/2022/06/07/mubadala-and-eqt-to-buy-global-pharmaceutical-supply-chain-solutions-company-envirotainer/

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