Announced

Completed

Lineage completed the acquisition of Permanor.

Synopsis

Lineage, a global temperature-controlled warehouse REIT, completed the acquisition of Permanor, a provider of cold storage and logistics solutions in Norway. Financial terms were not disclosed. "Permanor AS’s expertise and strategic locations make it a perfect fit for Lineage as we continue to strengthen our presence in Norway and the broader Nordic region. This acquisition allows us to better serve our customers with end-to-end cold chain solutions while reinforcing our commitment to responsible operations and operational excellence. We’re also thrilled to welcome Hege Skogland Mokleiv, CEO of Permanor and Dagfinn Mokleiv, Technical Manager of Permanor to the Lineage family, bringing a shared passion for innovation, responsibility and excellence that perfectly aligns with our culture,” Sean Vanderelzen, Lineage President of Europe.

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