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Lineage Logistics acquires St Joseph-based cold storage competitor
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Lineage Logistics buys cold storage company in Denmark
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Lineage is world s largest temperature-controlled warehousing company
Frigorificos de Navarra
Frigorificos de Navarra is a leading operator of refrigerated warehousing and storage facilities headquartered in Milagro, Spain.
Novi-based Lineage Logistics LLC on Tuesday announced two acquisitions that mark the world s largest temperature-controlled warehousing company s entry into the Spanish market.
Lineage acquired Frigorificos de Navarra, a leading operator of refrigerated warehousing and storage facilities headquartered in Milagro, Spain, and a cold storage warehouse facility from Frioastur in Gijón, Spain.
Financial terms of the transactions were not disclosed. These new facilities expand our global offering in an important market for our customers and provide Lineage with future opportunities for continued expansion throughout Europe and beyond, Mike McClendon, Lineage s president of international operations and executive vice president of network optimization, said in a
Lineage Logistics to acquire European freight forwarder UTI
Lineage Logistics to acquire European freight forwarder UTI
UTI specializes in shipping refrigerated and containerized foods
Lineage entered U.S. rail freight market earlier this year
UTI Forwarding
The deal to buy UTI, a freight forwarding company located in Rotterdam, marks Lineage’s entrance into the European freight industry, allowing it to distribute refrigerated foods from its warehouses throughout Europe.
Novi-based Lineage Logistics announced this week a deal to acquire Dutch freight company UTI Forwarding from its private equity owner Nordian Capital Partners.
Terms of the deal were not disclosed.
The deal marks the world s largest temperature controlled warehousing firm s entrance into the European freight industry, allowing Lineage to distribute refrigerated foods from its warehouses throughout Europe.