Announced
Completed
Synopsis
Bay Grove-backed Lineage Logistics, an international warehousing and logistics management company, completed the acquisition of VersaCold Logistics Services, a cold chain solution provider in Canada, from TorQuest Partners, IMCO and OPTrust. Financial terms were not disclosed. "Our acquisition of VersaCold represents yet another milestone and an important broadening of our business in Canada. In its 80-plus year history, VersaCold has built a stellar reputation by providing customers with differentiated and fully integrated warehousing and transportation solutions across Canada. We are excited to bring them into the One Lineage family and work alongside the VersaCold leadership team to better serve customers across North America. We also look forward to supporting capacity expansion plans at a number of warehouses across key Canadian markets," Greg Lehmkuhl, Lineage Logistics President and CEO.
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