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Announced

Completed

Lineage Logistics completed the acquisition of Kloosterboer Group.

Synopsis

Lineage Logistics, a provider of temperature-controlled industrial logistics, completed the acquisition of Kloosterboer Group, an integrated platform for temperature-controlled storage management. Financial terms were not disclosed. “We welcome the Kloosterboer team to the One Lineage family and are thrilled to unite with an organization that has a nearly 100-year history of being entrepreneurial and customer centric. We look forward to integrating their state-of-the-art facilities and diverse services so we can better serve our customers in Europe and around the world. It’s also clear that we have cultural alignment with a shared focus on leading the industry in sustainability and innovation,” Harld Peters, Lineage Senior Vice President for Europe.

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