Announced
Completed
Financials
Sources
Tags
Friendly
Private
Netherlands
Completed
Majority
Single Bidder
cold storage
Acquisition
Private Equity
Third Party Logistics (3PL)
Synopsis
Bay Grove-backed Lineage Logistics, a provider of temperature-controlled logistics solutions, completed the acquisition of Frigo's Heerenberg, a cold storage company, from Frigo Group, a provider of logistics services. Financial terms were not disclosed. "Adam, Kevin and the dynamic team at Bay Grove bring extensive industry knowledge to the table, but also possess financial savvy that add yet another competitive edge to Lineage’s business," Bay Grove.
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