Lineage Logistics acquires Service Cold Storage, leased cold storage warehouses
The SCS acquisition establishes a flagship operation in the state of Wisconsin for Lineage.
Lineage Logistics, LLC, a Colton, Calif.-based warehousing and logistics company sponsored by Bay Grove Capital LLC, San Francisco, acquired Service Cold Storage (SCS), Stevens Point, Wis., as well as a portfolio of four leased cold storage warehouses located in Georgia, Louisiana, South Carolina and Virginia.
The SCS acquisition establishes a flagship operation in the state of Wisconsin for Lineage, and adds to the organization’s robust facility network in the Midwest. The SCS facility is less than 5 years old and spans over 11 million cubic feet of temperature-controlled storage space. Construction on a significant expansion is underway that will bring the facility footprint to nearly 20 million cubic feet and provide more needed capacity to support customer growth.
“Lineage’s Midwest operations provide customers with unparalleled storage flexibility and access to value-added solutions, and the addition of our first Wisconsin location strengthens our ability to create efficiencies across customer supply chains,” says Greg Lehmkuhl, president and CEO of Lineage Logistics. “We are thrilled to welcome the SCS team to the Lineage family and to grow our Midwest presence.”
“We believe joining Lineage will help us to deliver ever greater value to our customers and to create more opportunities for our employees,” says Les Dobbe, SCS president and CEO. “We look forward [to] being a part of Lineage’s innovative and growing network.”
“SCS is known for its strong team, commitment to customer service and operational excellence,” adds Kevin Marchetti, managing partner of Bay Grove, Lineage’s principal investment firm. “They are a special organization, and we are honored SCS chose to join forces with Lineage.”