Lineage Logistics adds 790K pallet positions with latest acquisition
Date postedOctober 15, 2021
- Lineage Logistics strengthened its presence in Europe on Oct. 7 by completing the acquisition of a Netherlands-based cold storage company, Kloosterboer, according to a press release.
- The acquisition adds 6.4 million cubic meters of capacity and 790,000 pallet positions. Kloosterboer also provides freight forwarding, customs brokerage, container handling and intermodal transport, according to the announcement.
- The completion of Lineage Logistics' latest purchase adds to its portfolio of services and cold storage footprint. Lineage has been expanding through M&A, including a dozen transactions in Europe last year.