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Lineage Logistics acquires food storage company in Europe

Lineage Logistics acquires food storage company in Europe Lineage Logistics acquires food storage company in Europe Deal adds 900 employees and seven storage utilities Lineage continues international expansion through acquisitions Lineage Logistics The Kloosterboer family purchased equity in Lineage Logistics with proceeds from its sale to the Novi-based food logistics giant. Lineage Logistics LLC has acquired a large temperature-controlled food storage company based in Rotterdam, Netherlands, which is also home to the freight company it acquired earlier this month. The Kloosterboer Group is the latest addition to Novi-based Lineage s growing portfolio in Europe. The company just entered the continent s freight industry with the purchase of UTI Forwarding.

Lineage Logistics closes deal to enter European freight industry

Lineage Logistics has closed on its acquisition of Rotterdam-based UTI Forwarding in a deal marking the Novi-based food storage giant's entry into the European freight industry.Lineage, which operates a massive global network of temperature-controlled warehouses, announced the deal's completion…

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