Experienced logistics executive to lead CubeCold’s next phase of growth across Europe

CubeCold, a pan-European cold storage and logistics platform and portfolio company of I Squared Capital (“I Squared”), today announced the appointment of Kurt Pierloot as Chief Executive Officer.

Kurt brings more than 25 years of international leadership experience across logistics, business transformation and strategic consulting. Most recently, he served as CEO of Bleckmann, where he led a period of significant growth, international expansion and operational transformation.

As CEO, Kurt will lead CubeCold through its next phase of growth and development, with a focus on strengthening its position as a leading European cold chain logistics platform. Since its formation in 2021, CubeCold has grown rapidly to become one of the largest cold-storage player in Europe with operations in Belgium, France, Italy, the Netherlands, Spain and the United Kingdom. Today, the Group operates more than 30 facilities with over 650,000 pallet positions, supporting customers across critical food and pharmaceutical supply chains.

Mohamed El Gazzar, Senior Partner at I Squared Capital said: “CubeCold has established a strong platform in an essential part of Europe’s supply chain infrastructure. Kurt brings extensive experience in leading and growing international logistics businesses, and we are delighted to welcome him to CubeCold as the company enters its next phase of growth.”

Kurt Pierloot added, “I am delighted to be joining CubeCold as demand for high-quality temperature-controlled logistics continues to accelerate. CubeCold has built a strong European platform by bringing together outstanding businesses with deep customer relationships, strong local market positions and a shared entrepreneurial mindset. I look forward to building on these foundations together with our teams across Europe.”

CubeCold has completed 14 acquisitions since its formation in late 2021, expanding its geographic footprint and strengthening its capabilities across key European markets. The company’s most recent acquisitions include 24H Frost in France in April 2026; Ferroice in Spain in March 2026; and SG, a strategically located Italian operator in close proximity to Cube Cold’s existing facilities in the region, acquired in 2025.

About CubeCold

CubeCold is a leading pan-European cold storage and logistics company focused on storage, transport and value-added services for food and pharmaceuticals in frozen, chilled and controlled ambient temperatures. Focusing on ports and logistics hubs across Europe, CubeCold has grown into one of the sector’s major players, with a portfolio of over 650,000 pallet positions across more than 30 facilities in six countries across the Benelux, the United Kingdom, Spain, Italy and France, and a pipeline of further greenfield and expansion projects. Learn more at www.cubecold.com.

About I Squared Capital

I Squared Capital is a leading independent global infrastructure investor dedicated to the mid-market, managing over $60 billion in assets. Founded in 2012, I Squared has evolved into one of the most diverse infrastructure investors in the world, with investments across power & utilities; transportation & logistics; digital infrastructure; environmental infrastructure; and social infrastructure, providing essential services to millions of people worldwide. Today, the portfolio includes over 100 companies operating in more than 70 countries. Headquartered in Miami, the firm has offices in Abu Dhabi, London, Munich, New Delhi, São Paulo, Singapore, Sydney and Taipei. Learn more at www.isquaredcapital.com.

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