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Lineage Logistics acquires Cold Storage Nelson for major expansion into New Zealand

Lineage Logistics, LLC., the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it has acquired leading New Zealand cold storage business, Cold Storage Nelson Limited (“CSN”). Financial terms of the transaction were not disclosed.

“CSN has industry-leading skills in inventory control, compliance and traceability,” Mr. Jeff Rivera, Lineage’s Global Chief Operations Officer, said. “CSN’s facilities, combined with our industry-leading technology and innovation, will assist New Zealand customers to navigate increasing supply chain demands in New Zealand and internationally..."

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Aug 3 8:49 AM, General News



Lineage Logistics Expands Direct-to-Consumer Fulfillment Capabilities

Lineage Logistics has made moves to expand its Direct-to-Consumer (D2C) Fulfillment solution as it looks to create a market leader in e-commerce for perishable food customers.

As it looks to expand its footprint in D2C, Lineage acquired Perishable Shipping Solutions (PSS), an e-commerce pick-and-pack order fulfillment service for brands that need temperature-controlled storage and shipping.

In 2021, Lineage also acquired Crystal Creek Logistics (CCL), a provider of last-mile drop-ship order fulfillment for temperature-controlled goods.

“As the largest...

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Jun 9 10:10 AM, General News


Lineage Logistics Acquires Supply Chain Software Firm Turvo

Lineage Logistics acquired Turvo Inc., a leading provider of supply chain management, collaboration, and visibility software, per a June 1 announcement. The financial terms of the deal were not disclosed.

The move to acquire Turvo follows an initial investment made by Lineage Ventures and Lineage’s vision for improved supply chain collaboration. Turvo will now become a wholly-owned subsidiary of Lineage under its own brand.

“Lineage’s acquisition of Turvo was a natural extension of our partnership, through which we successfully launched Lineage Link™ last year,” said Adam Forste, Co-Executive Chairman...

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Jun 2 11:36 AM, SeafoodNews


Lineage Logistics Named to CNBC Disruptor 50 List for Second Year in a Row

Lineage Logistics appeared on CNBC Disruptor 50 list in back-to-back years the company announced on May 17. The company landed on the #3 spot after debuting at the #17 spot in 2021.

CNBC’s list displays the 50 fast-growing private companies in a number of industries. 

Companies named as a CNBC Disruptor 50 are selected by CNBC and CNBC.com editorial staff using a proprietary blend of quantitative and qualitative information submitted by more than 1,400 nominated companies, Lineage shared in a press release...

 

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May 20 8:20 AM, General News


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...

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May 9 8:00 AM, SeafoodNews


Smithfield Foods and Lineage Logistics Unveil Fully-Automated, Next-Gen Distribution Center

Smithfield Foods, Inc., a vertically integrated global food company and one of the world’s largest pork producers and processors, and Lineage Logistics, LLC, the world’s largest and most innovative temperature-controlled REIT and logistics solutions provider, today announced the opening of an automated, next-generation distribution center in Olathe, Kansas.

Lineage designed and built the new facility to enhance Smithfield’s complex distribution network, which supplies thousands of destinations with frequent shipments of protein in varying quantities. Spanning nearly 20 million cubic feet with over 62,000 pallet positions, the...

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Apr 21 8:00 AM, General News


Lineage Logistics Expands Footprint in Canada Through Latest Acquisition

Lineage Logistics announced the acquisition of VersaCold Logistics Services, a Canadian cold chain solution provider from TorQuest Partners (“TorQuest”) and its co-investment partners, The Investment Management Corporation of Ontario (“IMCO”) and OPTrust on April 13.

VersaCold was founded in 1941 and has grown to run 24 temperature-controlled facilities comprising 114 million cubic feet of storage and 361,000 pallet positions. Its network spans nine provinces and features facilities in some of the key metropolitan markets in the country.

“Our acquisition of VersaCold represents yet another...

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Apr 13 11:03 AM, General News


Lineage Logistics Next-Generation Automated Cold Storage Facility to Provide Food Chain Hub for JBS 

Lineage Logistics, LLC, the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced the construction of a next-generation automated cold-storage facility in Windsor, Colo., on behalf of JBS USA, a leading global food company.

Lineage designed an automated facility spanning more than 200,000 square feet that will provide JBS with expanded blast freezing and storage capacity, as well as rail access to support the shipment of export products to ports located on the West Coast. The facility...

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Apr 6 8:00 AM, General News







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