Lineage Logistics Expands Two and Acquires Two Facilities to Grow National Network

Irvine, CA, January 31, 2017 - Lineage Logistics, LLC ("Lineage"), a temperature controlled warehousing and logistics company backed by Bay Grove, announced today plans to expand two existing facilities in the Dallas-Fort Worth area as well as the completed acquisitions of two buildings, one in Phoenix, AZ and one in Bethlehem, PA. The expansions, in tandem with the acquired buildings, add 21 million cubic feet of refrigerated warehousing space to Lineage’s ever-growing nationwide facility network and represent a transformative next step in the Company’s warehouse automation strategy.

Lineage expects to break ground at its cold storage distribution center in Fort Worth in the coming months, with plans to open the expansion in October. The facility, located at 5200 Gold Spike Drive, will increase its total capacity to 23.9 million cubic feet with over 54,000 pallet positions to house frozen and refrigerated product.

The expansion of Lineage’s Sunnyvale facility, located at 367 Long Creek Road, is planned to be a racksupported, fully automated building featuring a 75-foot plus clear height and the latest in automated technology. The automated addition will be designed to provide over 7 million cubic feet of frozen and refrigerated space, with more than 19,000 pallet positions to support fast-moving distribution product. The expansion’s seamless integration with the existing conventional warehouse will provide customers with ultimate flexibility in supply chain solutions.

“Our customers need state-of-the art cold storage facilities to ensure their product is stored in the safest and most efficient manner possible,” said Greg Lehmkuhl, President and CEO of Lineage Logistics. “The cutting-edge technology we plan to deploy in our Sunnyvale expansion is consistent with our organization’s bold and innovative spirit, and we look forward to investing in additional expansions and automation across our nationwide network to ensure we can continue to support our customers’ supply chain initiatives.”

The Dallas-Fort Worth expansion projects are announced on the heels of Lineage’s acquisition of two cold storage distribution centers in other key markets in the United States, including a 200,000 square-foot building in fast-growing Phoenix, AZ as well as a 265,000 square-foot cold storage facility in Bethlehem, PA near Lineage’s Allentown distribution center.

“Our acquisitions in Phoenix and Bethlehem are indicative of Lineage’s commitment to growing into the core markets our customers desire to further optimize their supply chains,” said Tim Smith, Lineage’s EVP of Sales & Business Development. “We are thrilled to continue to expand our facility footprint and provide customers with the industry’s latest, most innovative logistics solutions.”

Lineage Logistics Acquires Consolidated Distribution Corporation

IRVINE, CA, August 18, 2016 - Lineage Logistics, LLC ("Lineage"), a warehousing and logistics company backed by Bay Grove, announced today that it has acquired Consolidated Distribution Corporation (“CDC”), a third-party logistics and re-distribution company headquartered in Lombard, Illinois. With the acquisition of CDC, Lineage becomes the largest customized re-distribution network in the U.S. Financial terms of the transaction were not disclosed.

Founded in 1990, CDC is a leading foodservice supply chain logistics company and the largest independent multi-concept re-distribution provider in the nation. Its robust re-distribution operation serves the retail and manufacturing industries, as well as the foodservice franchisors and purchasing cooperatives of the nation’s most recognizable restaurant brands. With access to multi-temperature warehouses in Illinois, Georgia and Texas, CDC also adds to Lineage’s facility network of over 600 million cubic feet across 113 facilities in 22 states, which represents the second largest refrigerated warehouse network globally based on data from the International Association of Refrigerated Warehouses (“IARW”).

“In joining Lineage, we gain access to additional capacity and service offerings like transportation, customs brokerage and High Pressure Processing (HPP) that allow us to diversify the supply chain solutions we can offer customers,” said Mitch Rader, CEO of CDC. “I am excited about our future as a part of Lineage and the opportunity to further fortify our strategic partnerships with our valued customers.”

“The vision of Lineage Logistics is to be the world’s most dynamic temperature-controlled logistics company, and welcoming CDC into the organization is an important step toward achieving that vision,” said Greg Lehmkuhl, Lineage’s President & CEO. “CDC’s re-distribution operation is a fantastic complement to our business. We are pleased to dramatically expand our re-distribution offering and help our combined customers with maximizing their total supply chains.”

Lineage Logistics Acquires Columbia Colstor

Colton, CA, January 9, 2015 - Lineage Logistics (“Lineage”), a warehousing and logistics company backed by Bay Grove, announced today that it has acquired Columbia Colstor (“Columbia”), a third-party warehousing and logistics company headquartered in Moses Lake, WA. With the acquisition of Columbia, Lineage doubles its leading presence in the Pacific Northwest to eleven locations which increases storage capacity and value-added services for its customers. Lineage’s national footprint now reaches over 600 million cubic feet across 111 facilities in 21 states, representing the second largest refrigerated warehouse network globally based on data from the International Association of Refrigerated Warehouses (“IARW”). Financial terms of the transaction were not disclosed.

Founded in 1983 by President Don McGraw, Columbia encompasses over 52 million cubic feet of temperature-controlled storage capacity which represents the 11th largest in North America according to IARW. Primarily located in Eastern Washington’s robust agricultural region, Columbia serves customers who are focused on the processing of potatoes, fruits, and other vegetables grown in the Columbia Basin as well as seafood customers near the western Washington and Oregon border.

“By joining Lineage, we can access a national network of facilities and offer additional logistics solutions that will allow our business and customers alike to continue to thrive,” said McGraw. “We see great alignment between Lineage’s dedication to providing world-class customer service and our own, and I am excited about our future as a part of Lineage.” McGraw will remain active in the combined company as an investor and advisor.

“Don and his team have demonstrated exceptional leadership, reliability, and focus on service since Columbia’s founding which has resulted in strong, long-standing relationships with its customers,” said Bill Hendricksen, CEO of Lineage. “We look forward to honoring and growing those relationships for many years to come.”

“The acquisition of Columbia—combined with the imminent Tacoma, WA facility expansion—positions Lineage as the leading cold storage provider in the Pacific Northwest with the best scale, services, and team,” said Kevin Marchetti, Managing Director of Bay Grove.

Lineage Logistics Acquires Northern California Facilities from Dreisbach Enterprises

Colton, CA, July 7, 2014 - Lineage Logistics (“Lineage”), a warehousing and logistics company backed by Bay Grove, has acquired two cold storage facilities in Santa Cruz county (CA) from Dreisbach Enterprises (“Dreisbach”). With the addition of these two operations, Lineage now operates four warehouses in the Watsonville region, creating increased storage flexibility and value-added services for its customers. Lineage’s national footprint now comprises over 550 million cubic feet across 104 facilities in 21 states, which represents the second largest refrigerated warehouse network globally based on data from the International Association of Refrigerated Warehouses. Financial terms of the transactions were not disclosed.

The acquired warehouses, Parajo and Hilltop, encompass 201,000 square feet of refrigerated storage space and offer a breadth of services, including blast freezing, to service the region’s strawberry and seafood industries. The Dreisbach operations team at these locations will join Lineage and work in conjunction with the broader Lineage Watsonville team to support customer needs in the market. Dreisbach Enterprises, under President Jason Dreisbach, will continue operating its Oakland and Richmond facilities, in addition to its logistics solutions, as a separate entity.

“We have established great customer relationships and operational familiarity in Watsonville so this acquisition to enhance local capacity aligns our goals to grow and provide more benefits to our customers,” said Kevin Marchetti, Managing Director of Bay Grove. “The Dreisbach family has been a tremendous partner and we look forward to future endeavors between our two companies.”

“This opportunity will allow Dreisbach Enterprises to strengthen our Bay Area presence and continue to expand our logistics business nationwide,” said Jason Dreisbach. “The Bay Grove and the Lineage team have been an exciting group to work with, and we are confident they will continue to provide superior service to our Watsonville customers. We believe this is just the beginning of a long and successful relationship with Lineage.”

“We would like to welcome our newest team members joining Lineage in Watsonville,” said Bill Hendricksen, CEO of Lineage. “Our Watsonville team is now greater equipped to service customers in the region, an advantage that is second to none.”

Lineage Logistics Completes the Acquisitions of Loop Cold Storage, Oneida Cold Storage, and Millard Refrigerated Services

Colton, CA, May 12, 2014 - Lineage Logistics (“Lineage”), a warehousing and logistics company backed by Bay Grove, announced today that it has completed the acquisition of Loop Cold Storage (“Loop”), Oneida Cold Storage (“Oneida”) and Millard Refrigerated Services (“Millard”), which was previously announced in March. With these three acquisitions, Lineage expands its national cold storage footprint to over 544 million cubic feet and a facility network of 102 facilities in 21 states. Financial terms of the transactions were not disclosed. 

Based in McAllen, TX, Loop has the largest cold storage operation on the U.S.-Mexico border servicing the imports of fruits and vegetables and specializing in the international produce trade. In addition to cold storage services, Loop provides value-added packaging and cooler services for produce distributors. Former owner John McGuire has joined Lineage’s management team as VP of Fresh Business to focus on developing Lineage’s fresh services segment.

Headquartered in Henderson, CO, Oneida is the largest cold storage provider in the Denver metropolitan area. At over 400,000 square feet, Oneida’s state-of-the-art facility provides customers with a variety of services including custom freezing programs, multi-temperature storage, tempering services, and retail distribution solutions.

“The addition of Millard, Loop, and Oneida represent another transformational moment for Lineage and continues our long-term strategy to build the leader in temperature controlled logistics”, said Kevin Marchetti, Managing Director of Bay Grove.

“We are thrilled to officially welcome the newest members to the Lineage family,” said Bill Hendricksen, CEO of Lineage Logistics. “We look forward to continuing our commitment to our customers by offering innovative, creative, and customizable logistics solutions as a unified organization.”

Lineage Logistics to Acquire Millard Refrigerated Services

Combination of Two Leading Refrigerated Warehousing Companies in North America Creates a Service Innovator 

Colton, CA, March 12, 2014 - Lineage Logistics (“Lineage”), a warehousing and logistics portfolio company of Bay Grove, has signed a definitive agreement to purchase Millard Refrigerated Services (“Millard”), a national third-party warehousing and logistics company headquartered in Omaha, NE. With the acquisition of Millard, Lineage will expand its network by 30 strategic locations and increase its footprint to more than 21 million total square feet and more than 518 million cubic feet of cold storage capacity. 

The combination of Lineage and Millard will immediately double the size of Lineage’s business and create the second largest refrigerated warehouse network globally, based on data from the International Association of Refrigerated Warehouses. Financial terms of the transaction were not disclosed. The deal is expected to close within the next 30 days. 

“Bringing Millard into the Lineage family will give us additional scale to support our growth and increase our investment in innovative technology, logistics offerings and our facilities, while adding talented management to our team. As a result, our customers will have unparalleled geographic and service capabilities in major logistics centers throughout the country with individually-designed solutions to fit their needs,” said Lineage CEO Bill Hendricksen. “Millard’s highly reputable operations and dedicated focus on service makes the company a great fit for Lineage.” 

Millard’s CEO and owner, Lance Larsen, will become a Board member of and investor in Lineage. “Lineage’s leadership team is highly experienced and the ideal partner to continue growing Millard’s legacy,” said Larsen. “This is a terrific opportunity for all employees and customers to work with an exceptional company.”

“By acquiring Millard, we are executing on our long-term strategy to grow Lineage by adding a great family-owned company with deep entrepreneurial roots, values and culture,” said Kevin Marchetti, Managing Director of Bay Grove. “The Lineage vision started with the acquisition of one warehouse in 2008 and has now resulted in the combination of two acknowledged leaders in the industry. We are proud of the fact that every former owner supports our vision and has chosen to remain an active investor in Lineage. The Larsen family has built a world class company and we are honored to be the stewards of the business for the future.”

Larry Larsen founded Millard in 1963 to serve the American food industry in the Midwest. Since then, the family-owned and operated company has grown its network to 30 facilities across the United States totaling 228 million cubic feet of capacity. In addition to cold storage distribution and warehousing, Millard also provides customers with a wide variety of value-added food logistics services including transportation, high pressure processing and food manufacturing.

Marchetti concluded, “With over four billion cubic feet of refrigerated warehousing in the United States, cold chain storage is the core of our domestic food distribution infrastructure. With the addition of Millard, Lineage will become a much larger operator in this growth industry, greatly expanding the number of markets we can serve.”