Acquisition expands Lineage’s U.S. network with the addition of 14 facilities and bolsters its presence in the Pacific Northwest.
Lineage Logistics (Lineage), the world’s largest provider of temperature-controlled logistics solutions, announced it has signed a definitive agreement to acquire Henningsen Cold Storage Co. (Henningsen). Lineage was founded by and continues to be managed by Bay Grove. The strategic acquisition adds to the company’s expansive U.S. facility network and bolsters its presence in the Pacific Northwest, with the addition of 14 facilities across Oregon, Washington, Idaho, Pennsylvania, North Dakota and Oklahoma. Financial terms of the transactions were not disclosed.
“We are honored to welcome the Henningsen team to the Lineage family and to serve our combined customer bases across additional points in their food supply chains,” said Greg Lehmkuhl, President and Chief Executive Officer of Lineage. “Our organizations share a commitment to excellence, doing business with integrity and finding sustainable ways to run our businesses, and I look forward to seeing how our strong operational and cultural foundations will propel us into the future.”