Bay Grove-backed Lineage Logistics Holdings completed the acquisition of Joliet Cold Storage.

Bay Grove-backed Lineage Logistics Holdings completed the acquisition of Joliet Cold Storage, a cold storage services provider. Financial terms were not disclosed. “We set out to raise capital to support Lineage’s investments in the world’s most state-of-the-art technology and automation, greenfield developments, facility expansions, and continued acquisitions, and we were met with overwhelming demand from some of the most well-respected global institutional investors," Greg Lehmkuhl, Lineage President and CEO.