Infrastructure specialist ICG Infra has entered a partnership with the Portuguese road freight operator Paulo Duarte Group. This deal follows the recent closing of ICG’s second European infrastructure fund. The investment targets growth within the Iberian Peninsula, specifically focusing on the specialized logistics sector that manages temperature-controlled goods and liquid food transport.

Family leadership remains intact as co-CEOs Gustavo and António Paulo Duarte maintain control of the company. This capital injection provides the resources necessary to upgrade fleet capabilities and modernize existing technology. The group manages a complex network of specialized vehicles designed for transporting energy, chemicals, and sensitive food products across Portugal and Spain.

By securing this backing, the company aims to scale its infrastructure and service capabilities throughout the region. This move allows the family-owned business to transition from a local operator to a more technologically advanced logistics provider. The partnership focuses on expanding the company's specialized transport footprint in the Iberian logistics market.