Announced
Financials
Tags
Majority
Pending
refrigeration warehousing
Acquisition
United States
Private
Storage Terminals
Friendly
Single Bidder
Synopsis
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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