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Announced

Completed

Lineage Logistics completed the acquisition of Mandai Link 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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Acquisition

Majority

Third Party Logistics (3PL)

cold food storage

Completed

Private

logistic services

Single Bidder

Cross Border

Singapore

Friendly

Synopsis

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Lineage Logistics, the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, completed the acquisition of Mandai Link Logistics, a company that specialises in cold food storage solutions. Financial terms were not disclosed. “Mandai established Singapore’s first fully automated cold storage facility and has been long considered a local market leader in the provision of cold storage warehousing and distribution services,” Jeff Hogarth, Lineage President Asia Pacific.

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