.
MergerLinks Header Logo

Announced

Completed

Lineage Logistics completed the acquisition of Kloosterboer Group.

Financials

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

Tags

Edit

Acquisition

Private

Majority

Single Bidder

Netherlands

Cross Border

Third Party Logistics (3PL)

Friendly

logistics operations

Completed

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US