TD Greystone Infrastructure Fund Completes Investment in Sea Port Infrastructure with Verbrugge International
Summary
TORONTO, Oct. 17, 2022 /CNW/ - The TD Greystone Infrastructure Fund1 (the "Fund") has acquired an interest in Verbrugge International B.V. ("Verbrugge" or the "Company"), a leading Dutch bulk and breakbulk terminal operator.Verbrugge provides critical transport infrastructure to move essential commodities such as wood pulp, bulk, paper, and agricultural products across Continental Europe. Verbrugge offers a complete package of logistics services including:"We are incredibly excited to make the Funds first investment in sea ports in the Netherlands, and to invest in a company led by the Verbrugge family, who we view as a strategically aligned long-term owner and operator, given their long-term vision for the Company and more than 60 years of operating history," said Jeff Mouland, Managing Director and Head of Global Infrastructure Investments, TD Asset Management Inc. "This investment highlights our teams continued ability to expand and grow the Funds portfolio globally in essential infrastructure. "We look forward to having TD Greystone Infrastructure Fund as a new shareholder of Verbrugge International, given their long-term focus, and ability to continue to invest and grow alongside us as we continue to act as a long-term partner and logistics provider for our clients." TDAM offers investment solutions to corporations, pension funds, endowments, foundations and individual investors. Additionally, TDAM manages assets on behalf of almost 2 million retail investors and offers a broadly diversified suite of investment solutions including mutual funds, professionally managed portfolios and corporate class funds.