Announced
Completed
Financials
Tags
Acquisition
Majority
Third Party Logistics (3PL)
cold food storage
Completed
Private
logistic services
Single Bidder
Cross Border
Singapore
Friendly
Synopsis
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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