Skip to content

Portfolio

Petit Forestier Group

Petit Forestier Group

Key Information

Investment Date 2024
Geography Global
Sector Mobility
  • Petit Forestier Group is the leading global player in refrigerated vehicle rentals, with over 117 years of industry experience. Through a dense network of approx. 350 branches across more than 24 countries, Petit Forestier Group serves over 15,000 customers with a comprehensive range of services, including maintenance, inspection, and repair of all vehicle components, from chassis to cold units. With its unique refrigeration expertise and preferential access to suppliers, Petit Forestier Group is at the forefront of the energy transition, embracing the shift to low-emission vehicles in line with regulatory developments and customer requirements.
  • Additionally, Petit Forestier Group is a specialist in the full-service rental of refrigerated solutions with refrigerated display units and container activities in fragmented market.

Market trends and drivers underpinning the company’s success

  • Petit Forestier Group operates within the rapidly expanding and resilient cold chain market, driven by the increasing consumption of fresh and frozen foods and the development of new segments such as pharmaceuticals
  • The Group primarily focuses on last-mile delivery in urban areas, a critical component of the value chain as logistics networks are experiencing increasing fragmentation. This segment of the market is particularly attractive as it is underpinned by non-cyclical trends and is largely insulated from global macro risks

What we like about Petit Forestier Group

  • Petit Forestier Group represents a unique platform for growth in cold chain logistics, fuelled by the shift toward electrification of vehicle fleet, the continued internationalisation of the company and a significant market consolidation opportunity
  • As an industry leader, Petit Forestier Group has developed an efficient, vertically integrated model that delivers a full suite of complementary services throughout the vehicle lifecycle, positioning the company as a crucial link in its clients’ supply chains

Wren House approach to working with Petit Forestier Group

  • We are partnering with Petit Forestier Group’s exceptional management team and the Forestier family to support the Company’s growth, digitalization plan, and ongoing fleet electrification
  • Wren House aims to unlock cross-portfolio synergies with other assets in the cold chain sector and leverage expertise in transitioning to low-emission vehicles

Societal Contribution

Good health and well-being
Industry, innovation and infrastructure
Sustainable cities and communities
Climate action