Platform·Industrials/Third-Party Logistics·August 6, 2026
I Squared Capital acquires Cella
The facilities are located across Greater Jakarta and Surabaya, serving a diversified customer base in e-commerce, third-party logistics, retail and consumer goods.
Takeaways
- Cella is a Indonesian industrial logistics and cold storage platform.
- I Squared Capital is acquiring Cella.
- The target serves e-commerce, third-party logistics, retail, consumer goods across Indonesia.
BuyerI Squared Capital
TargetCella
SponsorI Squared Capital
SellerNWP Property & CRE
TypePlatform
GeographyIndonesia
IndustryIndustrials
Sub-sectorThird-Party Logistics
I Squared Capital acquired Cella, an Indonesian industrial logistics and cold storage platform with a portfolio of five facilities totaling 231,000 square meters, from NWP Property and CRE.
The facilities are located across Greater Jakarta and Surabaya, serving a diversified customer base in e-commerce, third-party logistics, retail and consumer goods.
The deal marks I Squared's entry into Indonesia's logistics market and is expected to close in the third quarter of 2026.
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