Equity International has closed a $100 million commitment in AGV Logística, a privately-held logistics company based in São Paulo, Brazil.
Founded in 1999, AGV develops and executes flexible and customised integrated logistics solutions for its clients. The company manages storage and materials transportation for national and multinational clients across a range of industries within Brazil, including animal health (where it is the acknowledged market leader), as well as animal feed, chemicals, human health and cosmetics.
AGV operates thirty facilities in eleven states across Brazil, comprising 170,000 m2 of dry storage and 150,000 m3 of cold storage.
In December 2007, AGV opened a built-to-suit facility in Vinhedo, São Paulo - the largest and most modern warehouse in Latin America.
Brazil's logistics market is characterised by a high level of sustainable growth and demand, and presents significant opportunity as both multinational and domestic companies increasingly seek improved logistics outsourcing alternatives to reduce costs and increase efficiencies. The logistics sector in Brazil is also extremely fragmented, indicating strong potential for future consolidation both within Brazil and across Latin America.
Equity International's investment will enable AGV to access capital and accelerate its growth plan.
Equity International's chief operating officer, Ira Chaplik, and chief strategic officer, Thomas McDonald, will join AGV's board of directors.
Founded in 1999, AGV develops and executes flexible and customised integrated logistics solutions for its clients. The company manages storage and materials transportation for national and multinational clients across a range of industries within Brazil, including animal health (where it is the acknowledged market leader), as well as animal feed, chemicals, human health and cosmetics.
AGV operates thirty facilities in eleven states across Brazil, comprising 170,000 m2 of dry storage and 150,000 m3 of cold storage.
In December 2007, AGV opened a built-to-suit facility in Vinhedo, São Paulo - the largest and most modern warehouse in Latin America.
Brazil's logistics market is characterised by a high level of sustainable growth and demand, and presents significant opportunity as both multinational and domestic companies increasingly seek improved logistics outsourcing alternatives to reduce costs and increase efficiencies. The logistics sector in Brazil is also extremely fragmented, indicating strong potential for future consolidation both within Brazil and across Latin America.
Equity International's investment will enable AGV to access capital and accelerate its growth plan.
Equity International's chief operating officer, Ira Chaplik, and chief strategic officer, Thomas McDonald, will join AGV's board of directors.