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New Deal


Announced

Lineage Logistics to acquire Henningsen Cold Storage for $300m.

Financials

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Transaction Value£231m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Pending

refrigeration warehousing

Acquisition

United States

Private

Storage Terminals

Friendly

Single Bidder

Synopsis

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Lineage Logistics, a provider of temperature-controlled logistics solutions, agreed to acquire Henningsen Cold Storage, a full service, public refrigerated warehousing company, for $300m. "We are honored to welcome the Henningsen team to the Lineage family and to serve our combined customer bases across additional points in their food supply chains. Our organizations share a commitment to excellence, doing business with integrity and finding sustainable ways to run our businesses, and I look forward to seeing how our strong operational and cultural foundations will propel us into the future," Greg Lehmkuhl, Lineage President and CEO.

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