PE Investment In European Freight Operations Continues Despite Brewing Slowdown

The trend for private equity (PE) funds to invest in the European freight transport sector continues with Czech Republic and Slovakia logistics market leader CS Cargo being sold to Maltese PE firm Tuffieh Funds SICAV (TFS). CFW notes that it is an interesting time for PE firms to move into the freight transport market, considering the looming downturn in trade volumes in Europe, but we note that CS Cargo's diversified holdings should offer some shelter for its freight operations in the coming storm.

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