Hogan Lovells has advised Dutch development bank, FMO (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.), on its recent co-investment with funds managed by African Infrastructure Investment Managers into Commercial Cold Holdings Limited (CCH). CCH is a South-African cold storage platform with a pan-African expansion strategy. CCH will address a specific gap in the food supply chain by increasing cold storage capacity. Having an uninterrupted cold chain is vital to reduce food loss and waste, indirectly contributing to Sustainable Development Goal 2 (zero hunger). The Hogan Lovells Johannesburg-based corporate/M&A team was led by Chris Green, Office Managing Partner, and senior associate, Simone Izzard.

Source: The North Africa Journal August 26, 2023 01:01 UTC