Lineage Logistics’ Latest Acquisition Sets Groundwork for Significant Singapore Expansion
Cold storage giant Lineage Logistics has made another acquisition. This time the company has bought Mandai Link Logistics (“Mandai”), marking the Company’s market entry into Singapore.
Lineage said the financial terms of the deal were not made public, but the move sees Lineage acquire the market leader in Singapore for the provision of cold storage services and automated operations.
“Mandai established Singapore’s first fully automated cold storage facility and has been long considered a local market leader in the provision of cold storage warehousing and distribution services,” Jeff Hogarth...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.