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New Deal


Announced

Completed

Bay Grove-backed Lineage Logistics completed the acquisition of Frigo's Heerenberg from Frigo Group.

Financials

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

Sources

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Tags

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Friendly

Private

Netherlands

Completed

Majority

Single Bidder

cold storage

Acquisition

Private Equity

Third Party Logistics (3PL)

Synopsis

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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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