Announced
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Synopsis
Lineage Logistics, a provider of temperature-controlled logistics solutions, completed the acquisition of Ontario Refrigerated Services, a cold storage company offering temperature-controlled space in the Greater Toronto market. Financial terms were not disclosed. “We are thrilled to expand our industry-leading, global network into the Canadian market and can think of no better group with whom to begin this journey than the ORS team. The Ontario market is a cornerstone of the Canadian economy, making this the natural place for Lineage to launch our broader Canadian market platform. Further, ORS’s entrepreneurial spirit and local roots are a great fit with the Lineage culture. We’re excited to have this starting point to expand further in Canada," Greg Lehmkuhl, Lineage President and Chief Executive Officer.
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