Blackstone Reports Third Quarter 2017 Results

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  • Cloverleaf Cold Storage Announces Recapitalization led by Blackstone

    Cloverleaf Cold Storage, a leading cold storage warehousing and food logistics company owned by the Feiges and Kaplan families since its founding in 1952, today announced that it has entered into a definitive agreement to recapitalize the Company whereby private equity funds affiliated with Blackstone will make a majority equity investment into Cloverleaf alongside the existing family shareholders, who will continue to operate the business post-closing, to support future growth in the Company. Terms of the transaction were not disclosed.

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