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~Lineage continues to expand its leading European presence with Company s first foray into Spain~
Lineage Logistics, LLC ( Lineage or the Company ), the world s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced its acquisition of Frigorificos de Navarra ( Frinavarra ), a leading operator of refrigerated warehousing and storage facilities headquartered in Milagro, Spain, and a cold storage warehouse facility from Frioastur located in Gijón, Spain. Financial terms of the transactions were not disclosed.
Frinavarra is an operator of refrigerated warehousing and storage facilities headquartered in Milagro (Navarra), Spain. Founded in 1987, its services include blast freezing, tempering, and modified atmosphere storage services, among other critical offerings for food and beverage customers. With nearly 20 million cubic feet of capacity, Frinavarra s highly automated freezer facility comes with the opportunity f
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Samsung heirs pay 1st installment of inheritance taxes
Posted : 2021-04-30 16:40
Updated : 2021-04-30 16:40
In this graphic image are late Samsung Group chief Lee Kun-hee, top, and one of his heirs, his son Jae-yong. Korea Times file
Heirs of late Samsung Group chief Lee Kun-hee on Friday paid their first installment of record inheritance taxes after reporting to the authorities.
They announced Wednesday that they would pay more than 12 trillion won ($10.7 billion) in inheritance taxes, the largest amount in the country s history, in installments. They paid one-sixth of inherited assets upfront and will pay the rest over the next five years.