PE-backed Dutch firm NewCold strikes first India warehousing deal

By Priyal Mahtta

  • 26 Oct 2023
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A NewCold warehousing facility in Germany. | Credit: NewCold

The Netherlands-based cold chain logistics and supply chain company NewCold, which is backed by a US-based alternative investment firm, has sealed its maiden warehousing transaction in India.  NewCold, which counts US-based real estate-focused private investment firm Westport Capital Partners as its main backer, has agreed to purchase a warehousing asset owned by Mumbai-based property developer Macrotech Developers Ltd. Macrotech is the flagship ......

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