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Announced

Completed

Lineage Logistics completed the acquisition of MTC Logistics.

Financials

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

Tags

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Majority

Cold-chain logistics

Private

Domestic

Acquisition

Single Bidder

Friendly

Completed

Delivery Services

United States

Synopsis

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Lineage Logistics, a logistics solutions provider, completed the acquisition of MTC Logistics, a cold-chain provider. Financial terms were not disclosed. “MTC Logistics’ strong presence at key ports along the US East and Gulf Coasts and focus on best-in-class service and innovation will help better connect our customers to the global food supply chain. We look forward to welcoming the MTC team into the One Lineage family and leveraging their expertise to fulfill our vision of becoming the world's most dynamic temperature-controlled logistics company," Greg Lehmkuhl, Lineage Logistics President and CEO.

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