Cube to acquire 70% stake in Müller Transporte
Cube Infrastructure Managers (Cube) has announced the acquisition of a 70% stake in Austrian temperature-controlled logistics operator Müller Transporte on behalf of Cube Infrastructure Fund III in Luxembourg.
Partnering with Fritz and Karin Müller, Cube will support the company's growth by expanding the client base and through potential acquisitions of operators with a complementary geographical footprint. Müller Transporte offers temperature-controlled transport solutions in the food and pharma sectors by leveraging a network of 4 strategically-located platforms and a fleet of Euro-6 trucks and other vehicles.
Fritz Müller will retain a 30% stake and Fritz and Karin Müller will continue to lead the Group as CEO and CFO, respectively. The deal will close in the coming weeks in 2022.
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