Lineage Logistics acquires Emergent Cold
Lineage Logistics, a large provider of temperature-controlled logistics solutions, has announced that it has signed definitive agreements to acquire Emergent Cold. This acquisition strengthens the company’s leading port presence in the United States and signifies its entry into the Australian, New Zealand and Sri Lankan temperature-controlled logistics markets, building on Lineage’s existing presence in the Asia-Pacific region.
“Food producers, manufacturers and retailers are looking for cold chain partners who can offer a dynamic and truly end-to-end temperature-controlled logistics solution, and one that can reach every corner of the world,” said Greg Lehmkuhl, president and CEO of Lineage.
“Welcoming Emergent to the Lineage family not only adds significant capacity to our international footprint, but also deepens our commitment to our port strategy and international trade." Following the conclusion of the transactions, the combined company will feature over 48 million cbm of temperature-controlled capacity across 260 facilities in ten countries. (mw)