Lineage Logistics acquires 8 facilities from U.S. Growers Cold Storage
The eight locations acquired encompass over 12 million cubic feet of capacity in the Los Angeles area.
Lineage Logistics, LLC, a Colton, Calif.-based warehousing and logistics company sponsored by Bay Grove Capital LLC, San Francisco, acquired eight temperature-controlled warehouses from U.S. Growers Cold Storage, Los Angeles. With the acquisitions, Lineage adds significant capacity to its expansive facility network in Southern California, providing increased storage flexibility and greater access to value-added solutions.
The eight locations acquired encompass over 12 million cubic feet of capacity in the Los Angeles area and are accessible to Southern California’s major freeways, rail facilities and ocean container terminals, including the 250,000-square-foot transload facility Lineage operates in the Port of Long Beach’s overweight corridor. With the acquisition, Lineage strengthens its ability to customize high-impact supply chain solutions by leveraging its expanded Southern California facility network of over 20 locations.
“While we have existing operations and deep experience in Southern California, this acquisition further represents Lineage’s commitment to grow with customers and optimize their supply chains in a desirable core market,” says Greg Lehmkuhl, president and CEO, Lineage Logistics. “Our aim has and always will be to consistently provide the space and solutions when and where our customers need it.”
“Lineage is a dynamic company with the sophistication and scale to deliver innovative, impactful solutions,” says Angelo Antoci, president and CEO of Growers. “We are confident they will continue to provide exceptional service to our customers and great opportunities for our employees.”
“Growers is an outstanding organization with strong relationships in Southern California, and we are thrilled to welcome them to the Lineage family,” says Kevin Marchetti, managing partner of Bay Grove. “Angelo is an industry luminary for whom we have tremendous respect, and we are honored by the outcome of this proprietary acquisition.”
In addition to the acquisition, Lineage will continue Growers’ existing expansion plans to add over 25,000 pallet positions to its capacity over two phases. The initial phase is targeted for completion in May 2018.