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EQT to acquire Constellation Cold Logistics, the third largest cold storage owner-operator in Europe

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Constellation Cold Logistics (“Constellation”) provides temperature-controlled storage infrastructure to a wide-range of food producers via a network of 26 storage facilities across seven countries in Western Europe and the NordicsThe Company offers critical food preservation services that are essential to the modern food supply chain, helping to feed the world safely while reducing food wasteEQT will support Constellation as it looks to further entrench its market-leading position, execute identified M&A opportunities and deliver major expansion developments within Europe

STOCKHOLM, June 24, 2024 /PRNewswire/ — EQT is pleased to announce that the EQT Infrastructure VI fund (“EQT”) has agreed to acquire Constellation Cold Logistics (“Constellation” or the “Company”) from Arcus Infrastructure Partners. Financial details are not disclosed.

Constellation was established in 2020 by Arcus Infrastructure Partners, which brought together three businesses located in Belgium, Norway and the Netherlands. Just four years later, Constellation today owns and operates 26 large cold storage facilities across seven countries in Western Europe and the Nordics. The London headquartered firm employs 700 people and is expected to generate revenues over EUR 150 million in FY24.

Constellation provides temperature-controlled storage capacity and complementary services to a wide range of food producers, traders and retailers. Its sites are located either close to clients’ production and processing premises or near critical logistics routes to major cities, ports or food hubs. By offering warehousing and value-added services in these strategic locations in an efficient, flexible and responsive manner, Constellation provides a critical service to its customers that ensures their supply and logistics chains remain smooth and safe.

The European cold storage market features strong underlying growth of around seven percent per year, driven by multiple factors. For one, growing populations are leading to a greater demand for food. At the same time, the popularity of frozen and chilled foods is growing as the sector and customers recognize how these categories reduce food waste and improve quality. Producers are also increasingly adopting outsourcing, just-in-case supply chain strategies, and value-added services as the industry matures.

EQT will support Constellation as it works to capture this attractive market opportunity. Led by deeply experienced CEO Carlos Rodriguez, the Company has already proven its ability to successfully execute M&A, having completed ten deals in the past four years. With EQT, Constellation will be able to further expand within its existing catchment areas and enter new countries, both organically and through consolidation of the highly fragmented European market. Additional investment will be made into Constellation’s automation and digital capabilities to solidify a stronger foundation for growth.

Francesco Malvezzi, Managing Director within the EQT Value-Add Infrastructure Advisory Team, said: “Constellation is one of the leading cold storage providers in Europe with an excellent track record of growth, both organically and through M&A. It offers strong diversification across geographies, customers and end-markets and has impressive service offerings, customer focus and facilities. We’re excited to start working with Carlos and the team to help build an even stronger platform for continued growth. With EQT’s expertise in owning infrastructure companies that provide inherent essential services to society, we’ll be able to support Constellation as it works to deliver safe, quality food to people across Europe.”

Carlos Rodriguez, CEO of Constellation, said: “In four short years, Constellation, with support from Arcus, has expanded into one of the largest cold storage players in Europe, enabling our clients to benefit from enhanced accessibility and efficiency in their supply chains. We will maintain an absolute focus on responsiveness and customer service together with our commitment to sustainability on our path to net-zero. We’re excited to continue implementing our 2030 strategic plan with the support of EQT, which brings strong infrastructure experience, global scale, and deep expertise in areas like sustainability and digitalization. I’d like to thank the Arcus team for its dedication to this point but, most of all, I’d like to thank all Constellation’s employees for their hard work and continuous support as the company evolves.”

The transaction is subject to customary conditions and approval. It is expected to close in October 2024.

EQT was advised by UBS (M&A), Roland Berger (commercial), Milbank (legal), PwC (financial, tax).

With this transaction, EQT Infrastructure VI is expected to be 40 – 45 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication) based on target fund size and subject to customary regulatory approvals.

Contact
EQT Press Office, press@eqtpartners.com 

The information contained herein does not constitute an offer to sell, nor a solicitation of an offer to buy, any security, and may not be used or relied upon in connection with any offer or solicitation. Any offer or solicitation in respect of EQT Infrastructure VI will be made only through a confidential private placement memorandum and related documents which will be furnished to qualified investors on a confidential basis in accordance with applicable laws and regulations. The information contained herein is not for publication or distribution to persons in the United States of America. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold without registration thereunder or pursuant to an available exemption therefrom. Any offering of securities to be made in the United States would have to be made by means of an offering document that would be obtainable from the issuer or its agents and would contain detailed information about the issuer of the securities and its management, as well as financial information. The securities may not be offered or sold in the United States absent registration or an exemption from registration.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/eqt-to-acquire-constellation-cold-logistics–the-third-largest-cold-storage-owner-operator-in-europe,c4005344

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TCL CSOT to Unveil Industry-Leading Display Innovations at SID Display Week 2025

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SAN JOSE, Calif., May 10, 2025 /PRNewswire/ — TCL CSOT, a global leader in display technologies, is set to participate in SID Display Week 2025 with a compelling showcase of innovations that will define the next generation of intelligent displays. From high-performance Inkjet Printing OLED (IJP OLED) and MLED products to advanced FMM OLED and LCD applications, TCL CSOT will present a full spectrum of future-ready display solutions under its APEX innovation platform.

“Introduced in 2024, the APEX brand represents TCL CSOT’s vision for the future of display technology—where exceptional visual performance aligns with human-centric innovation, energy efficiency, and sustainable development,” said Jun Zhao, Chief Executive Officer of TCL CSOT. “At SID 2025, the APEX platform will debut a new generation of groundbreaking technologies that reflect our continued commitment to shaping a more intelligent and environmentally conscious display era.”

Breakthroughs Across Sizes and Applications in IJP OLED

TCL CSOT has been a pioneer in IJP OLED for over a decade. With consistent investment and deep technical expertise, the company has introduced multiple world-first innovations—spanning ultra-large panels and high-resolution flexible displays. As one of the first manufacturers to achieve production-scale commercialization of IJP OLED, TCL CSOT is advancing both the performance and scalability of the technology through greater material efficiency and process flexibility.

At SID 2025, TCL CSOT will debut a complete IJP OLED family bucket—including smartphones, tablets, laptops, rollable displays, and TVs—highlighting the brand’s industry leadership in delivering eco-efficient, production-ready IJP OLED solutions across all mainstream device categories.

Advancing the Full-Spectrum MLED Ecosystem

TCL CSOT continues to push the boundaries of Micro LED technology, introducing high-contrast, high-uniformity display solutions across a wide range of form factors. As part of its MLED ecosystem strategy, the company will present next-generation innovations across scale, brightness, and integration—pushing the boundaries of Micro LED applications. These innovations signal the ongoing evolution of MLED technology into a true platform for immersive, sustainable, and intelligent visual systems.

APEX Across Categories – Comprehensive Display Innovation

In addition to OLED and MLED advancements, TCL CSOT’s APEX platform will feature a robust lineup of innovations across multiple display segments. Highlights include:

Advanced HVA and HFS technologies for improved image quality, low power consumption, and eye-care.Breakthrough FMM OLED displays for slim, high-performance consumer electronics.Next-gen automotive displays designed to elevate in-cabin interactivity, visibility, and aesthetics.

Together, these innovations reflect TCL CSOT’s comprehensive leadership across the intelligent display ecosystem—advancing user experience, technical versatility, and environmental responsibility across industries.

Exhibition Details

Event: SID Display Week 2025
Date: May 13–15, 2025
Location: San Jose McEnery Convention Center, California
Booth: #816

TCL CSOT warmly welcomes industry professionals, media representatives, and ecosystem partners to visit its booth and experience firsthand the technologies that are shaping the future of smart visual interaction. The company looks forward to engaging discussions, collaboration opportunities, and the sharing of insights that will define the next phase of display innovation.

About TCL CSOT

Established in 2009, TCL China Star Optoelectronics Technology Co., Ltd. (TCL CSOT) is a leading global innovator in display technologies. Its LCD, OLED, and MLED solutions power applications across TVs, smartphones, tablets, laptops, monitors, automotive systems, VR/XR, and commercial displays. With continuous investment in R&D and a strong global supply ecosystem, TCL CSOT is committed to shaping the future of display technology with intelligent, energy-efficient, and user-centric innovations. As part of TCL’s Worldwide Olympic Partnership through 2032, TCL CSOT is proud to deliver display solutions that elevate experiences on the global stage.

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SOURCE TCL China Star Optoelectronics Technology

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MyStonks Launches Industry-Leading On-Chain U.S. Stock-Token Marketplace with 100% Custody Backing

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NEW YORK, May 10, 2025 /PRNewswire/ — MyStonks.org, a decentralized trading platform, announced the official launch of a fully custody-backed, on-chain U.S. stock token marketplace in the crypto industry. Cryptocurrency users can purchase U.S. stocks on MyStonks. Global asset management giant Fidelity provides custodial services for platform users, with an initial custody asset total of $50 million.

MyStonks has successfully established a complete operational cycle that links U.S. stock assets under Fidelity Custody to the Base blockchain for token minting and burning. Users can initiate purchases of Stonks100 stock tokens on MyStonks by transferring USDC or USDT from their self-custodied crypto wallets. Upon confirmation, MyStonks converts these stablecoins into USD and purchases the corresponding stock shares. These are then tokenized 1:1 into ERC-20 tokens via Base smart contracts. For example, when buying Apple shares, users receive AAPL.M tokens minted by MyStonks.org, representing the exact number of shares held. Token pricing utilizes Chainlink oracles.

If users wish to redeem their stock tokens, they can initiate a sell request for AAPL.M or other supported assets directly from their wallets. MyStonks will then convert the tokens back into stablecoins and burn the equivalent tokens in a 1:1 ratio.

To ensure the security of user assets, MyStonks has partnered with Fidelity, which provides custody services (Fidelity Custody) for platform users’ U.S. stock holdings.

According to a custodial statement dated April 29, 2025, Fidelity Custody holds over $50 million in U.S. equities ($50,473,199.00) on behalf of MyStonks Holding Limited. The initial batch of 95 tokenized equities includes major names such as AAPL, AMZN, DIS, GOOGL, META, MSFT, NFLX, and NVDA, each of which is mirrored on-chain by its respective token.

A representative from MyStonks explained that when users purchase U.S. stock tokens on the platform, the corresponding stocks are managed by Fidelity Custody, ensuring the authenticity, compliance, and auditability of assets. Through integration with Fidelity Custody’s infrastructure, MyStonks has achieved a seamless connection between on-chain tokens and off-chain stock assets.

As a trusted institution in TradFi, Fidelity plays a key role in safeguarding asset security and compliance, making it an important partner for MyStonks in the tokenization of stock trading.

Additionally, MyStonks has upgraded its on-chain trading security and user experience. When users initiate buy or sell orders, the platform executes the corresponding operations on the blockchain, including cross-chain asset management, real stock transactions, and the minting or burning of tokens. The entire process is transparent, traceable, and decentralized, enabling users to purchase U.S. stocks in a fully digital and tokenized manner.

All trading operations are governed by smart contracts to ensure immutability and auditability. A Decentralized Identity System (DID) safeguards account uniqueness and prevents fraudulent transactions. Core smart contracts have undergone security audits and are modularly designed to isolate risk. According to MyStonks.org, off-chain fund transfers require multisignature (multisig) wallet authorization to avoid single points of failure. Cross-chain asset movements are executed through audited protocols. Additional protections include a time-lock mechanism for transaction confirmation and HTTPS/HSTS enforcement for frontend encryption.

New user experience upgrades include support for on-chain limit orders, improved wallet connectivity, a refined user account dashboard, and optimized UI layouts.

“The launch of the Stonks100 tokenized U.S. stock marketplace marks an important milestone in our ongoing journey of innovation. As we continue to expand access to tokenized equities, our focus remains on offering secure, professional, and transparent trading infrastructure. We believe MyStonks users and our global community will grow alongside us as we push the boundaries of decentralized finance,” a MyStonks.org representative said.

About MyStonks.org
MyStonks.org is a decentralized crypto asset trading platform born out of a Community Takeover (CTO) effort by the Stonks community. It is an industry-leading platform to offer fully custody-backed, 1:1 tokenized U.S. equities on-chain. MyStonks aims to become the decentralized “NASDAQ” of the crypto world—supporting new token projects and reshaping the DeFi landscape for healthier market growth.

About the Stonks Community
The Stonks community draws inspiration from the GameStop ($GME) movement and the ethos of crypto resistance. The rallying cry: FIGHT! HODL!
Whitepaper: https://main.mystonks.org/pc/whitepaper.html

Fidelity Custody Report:
https://main.mystonks.org/static/pdfjs/web/viewer.html?file=/static/Proof.pdf

Media Contact:
Email: mystonksmedia@mystonks.org

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SOURCE MyStonk.org

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Abu Dhabi and Japan sign agreements to strengthen partnerships, boost bilateral trade and investments

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ABU DHABI, UAE, May 10, 2025 /PRNewswire/ — An Abu Dhabi economic delegation, led by the Abu Dhabi Department of Economic Development (ADDED), concluded a successful visit to Japan, signing agreements with government entities and the private sector to further enhance partnerships in various industries and high-growth clusters.

The Abu Dhabi economic delegation, comprising representatives from more than 80 public sector entities, private enterprises, SMEs, and startups, engaged in high-level meetings with top government officials, key businesses and investors in Japan, exploring collaboration opportunities in across key sectors including life sciences, carbon-neutral technologies, AI, digital infrastructure, robotics, advanced manufacturing, and financial services.

The delegation visited Expo 2025 Osaka and SusHi Tech – Tokyo, and organised the 11th Abu Dhabi Japan Economic Council (ADJEC) meeting, the Abu Dhabi Investment Forum (ADIF) and Abu Dhabi-Japan Business Forum, highlighting cooperation opportunities and the role of Abu Dhabi’s ‘Falcon Economy’ initiatives in accelerating transition towards a smart, diversified, and sustainable development.

12 homegrown startups, supported by Hub71 and Khalifa Fund, participated in SusHi Tech- Tokyo, Asia’s premier startup and innovation conference, highlighting Abu Dhabi’s tech talent, solutions, and investment opportunities in innovation-driven industries.

Organised in partnership with the UAE Embassy in Tokyo, the visit included meetings with H.E. Hirofumi Yoshimura, Governor of Osaka, H.E. Yuriko Koike, Governor of Tokyo, H.E. Nobuhiko Yamaguchi, Vice Governor of Osaka, H.E. Ogushi Masaki, State Minister of Economy, Trade and Industry, H.E. Takeuchi Shinji, Parliamentary Vice-Minister of Economy, Trade and Industry (METI), and H.E. H.E. Kodaira Nobuyori, President of the Japan Cooperation Center for the Middle East (JCCME). The delegation also met senior officials and executives of the Osaka Chamber of Commerce and Industry, Japan Business Federation (Keidanren), Sumitomo Corporation, Cosmo Energy, ITOCHU, and Toshiba.

His Excellency Ahmed Jasim Al Zaabi, Chairman of ADDED, said: “Guided by our leadership’s ambitious vision, we are doubling down on our efforts to future-proof the economy and cement Abu Dhabi’s stature as a rising economic powerhouse and a global hub for talent, business, investment, and trade”.

“Our visit to Japan presented a valuable opportunity to further strengthen our longstanding partnership by exploring new avenues of collaboration in various sectors. The agreements signed during this visit reinforce our commitment to deepening partnerships across priority industries and clusters to address giga shifts in the global economy. We remain committed to enhancing cooperation with key economies and trading partners, making human development and sustainability our top priorities to shape a brighter tomorrow”.

The agreements signed during the visit included a strategic partnership for smart mobility solutions between Emirates Driving Company and Zenmov, a leading company in smart mobility solutions, and Abu Dhabi Chamber and the Japan External Trade Organization (JETRO) agreement to deepen business relations and create new opportunities for collaboration.

In addition, the Emirates Foundation’s Nema initiative and Japan International Cooperation Center (JICE) inked an agreement to bolster cooperation to support achieving Nema’s goal of reducing food loss and waste by 50 percent by 2030, in line with the UAE’s National Food Security Strategy 2051 and U.N. Sustainable Development Goals.

His Excellency Shihab Ahmed Alfaheem, Ambassador of the UAE to Japan, said: “The visit of the Abu Dhabi economic delegation to Japan underscores the strength and strategic depth of the UAE–Japan relationship — one that is rooted in decades of trust and collaboration, and now firmly focused on the future. Japan’s global leadership in digital innovation, smart infrastructure, sustainable mobility, and advanced manufacturing aligns closely with Abu Dhabi’s economic diversification goals and its ambition to build a resilient, knowledge-based, and climate-conscious economy.”

H.E. Alfaheem added: “This mission represents a pivotal moment in our bilateral ties, as we prepare to activate transformative frameworks such as the Comprehensive Economic Partnership Agreement (CEPA). CEPA will provide unprecedented access to markets, streamline cross-border investment, and facilitate greater technological exchange between our nations. It is through such frameworks that we will unlock the full potential of UAE–Japan collaboration across sectors — from clean energy and AI to startups and industrial R&D. The UAE Embassy in Tokyo is proud to support this high-level engagement. We remain committed to fostering meaningful partnerships between Emirati and Japanese institutions, and to advancing shared priorities that will shape the next era of sustainable, innovation-led growth.”

Bilateral trade between the UAE and Japan rose 4.8 percent to AED 182.4 billion (USD 49.7 billion) in 2024, compared to AED 174 billion (USD 47.4 billion) in 2023, while non-oil trade grew 2.2 percent over the same period, reflecting growing ties between the two economies. UAE investment in Japan has increased 100% over the past five years, while the country accounts for 80 percent of Japanese investments in the Middle East.

The Abu Dhabi economic delegation included senior officials and executives from government entities, private sector’s companies, and startups, including the Department of Culture and Tourism – Abu Dhabi, Abu Dhabi Securities Exchange (ADX), ADGM, Abu Dhabi Investment Office (ADIO), Abu Dhabi Customs, Khalifa Fund for Enterprise Development, Abu Dhabi Chamber of Commerce and Industry (ADCCI), ADNOC, KEZAD, Hub71, Abu Dhabi Airports, and major companies from different sectors.

Photo: https://mma.prnewswire.com/media/2684338/Ahmed_Jasim_Al_Zaabi.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/abu-dhabi-and-japan-sign-agreements-to-strengthen-partnerships-boost-bilateral-trade-and-investments-302451662.html

SOURCE Abu Dhabi Department of Economic Development

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