Smithfield Foods and Lineage Logistics Unveil Fully-Automated, Next-Gen Distribution Center

New state-of-the-art facility in Olathe, Kansas – designed by Lineage Logistics and featuring its industry-leading technology – supports Smithfield’s sustainability, customer satisfaction and efficiency goals

Olathe, KS – Smithfield Foods, Inc., a vertically integrated global food company and one of the world’s largest pork producers and processors, and Lineage Logistics, LLC, the world’s largest and most innovative temperature-controlled REIT and logistics solutions provider, today announced the opening of an automated, next-generation distribution center in Olathe, Kansas.

Lineage designed and built the new facility to enhance Smithfield’s complex distribution network, which supplies thousands of destinations with frequent shipments of protein in varying quantities. Spanning nearly 20 million cubic feet with over 62,000 pallet positions, the distribution center’s innovations provide new levels of operational efficiency and reliability via automation.

At the facility’s core are 18 automated cranes that move inventory into, out of and within the facility, which also features one of the largest temperature-controlled layer-picking systems in the world. Layer-pickers disassemble and reassemble pallets of goods, a process previously performed manually. As a result, the robotics and software fully automate over 97% of the product movement through the facility.

Lineage sponsored academic research in mathematics to determine how to schedule and dispatch components in the facility, increasing throughput capability. Computer vision systems automatically identify the contents of each pallet, decreasing the building footprint. Lineage’s technology teams refined the robotic layout in simulation, stress-testing it against high growth, food holidays and even March 2020 panic-buying.

The facility also features Lineage’s patented blast cell technology (US Patent #10,663,210) that reduces freeze time and energy use by approximately one-half relative to traditional blast cells, aligning with Smithfield’s industry leading commitment to sustainability. Smithfield has pledged to become carbon negative, reduce GHG emissions 30% and halve food waste in its U.S. company owned operations by 2030.

“We are thrilled to announce the opening of the state-of-the-art facility that Lineage designed and built for Smithfield in Olathe,” said Greg Lehmkuhl, President and CEO of Lineage. “At Lineage, we seek to partner with customers who are dedicated to transforming the food supply chain and, by leveraging our innovation and expertise, Smithfield will optimize their operations for speed and efficiency."

“Our new facility in Olathe represents the pinnacle of supply chain technology. It combines innovations in robotics, numerical simulation, thermodynamics, algorithms, computer vision and software to enable reliable and efficient access to food,” explained Sudarsan Thattai, Chief Information Officer and Chief Transformation Officer of Lineage. “Olathe is the foundation of our automated future.”

“As a major food company feeding a growing global population sustainably, we’re continually working to implement enhancements across our value chain, including our distribution network, to support our customers and reduce our environmental footprint,” said Shane Smith, President and CEO of Smithfield. “We’re pleased to partner with an innovation-driven company like Lineage to further optimize our operations and better serve our customers.”

“Automation is increasingly important element of our strategy to achieve efficiencies across our business and exceed customer expectations,” said Brady Stewart, Chief Operating Officer for Smithfield Foods. “The opening of our new facility in Olathe brings unmatched innovation and new levels of resiliency to our supply chain.”

“Lineage Logistics’ decision to build the Smithfield Foods distribution center in Kansas is confirmation that our central location, strong infrastructure and world-class workforce are exactly what companies need to expand business operations,” Governor Laura Kelly said. “This project is a major win for Olathe and the state as a whole. Lineage exemplifies the type of businesses we are working to attract and retain, and their investment helps solidify our role as a 21st century hub for transportation, logistics and distribution.”

In addition to state-of-the-art software inside the building, the facility features Lineage Link™, a customer experience platform that provides Smithfield unprecendeted access, visibility and control to their product. With the ability to see inventory levels and receive timely alerts, Smithfield can place the necessary orders and schedule the shipments to ensure their product reaches consumers when it is needed. This platform in turn seamlessly interacts with the operating software to ensure the tasks are prioritized for the requisite appointments to maintain the highest level of throughput and productivity. With this software investment, Lineage is pushing the bounds of what is possible in the food supply chain by creating a network in which food suppliers, carriers and distributors maintain a level of access and control that ultimately builds a stronger, more robust food system.

About Lineage Logistics

Lineage Logistics is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe and Asia-Pacific.  Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivaled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com)

About Smithfield Foods, Inc.

Headquartered in Smithfield, Va. since 1936, Smithfield Foods, Inc. is an American food company with agricultural roots and a global reach. With more than 60,000 jobs globally, we are dedicated to producing "Good food. Responsibly®" and serve as one of the world's leading vertically integrated protein companies. We have pioneered sustainability standards for more than two decades, including our industry-leading commitments to become carbon negative in our U.S. company-owned operations and reduce GHG emissions 30 percent across our entire U.S. value chain by 2030. We believe in the power of protein to end food insecurity and have donated hundreds of millions of food servings to our communities. Smithfield boasts a portfolio of high-quality iconic brands, such as Smithfield®, Eckrich® and Nathan's Famous®, among many others. For more information, visit www.smithfieldfoods.com, and connect with us on Facebook, Twitter, LinkedIn and Instagram.

Media Contacts:

Lineage Logistics
Megan Hendricksen
949.247.5172
mhendricksen@lineagelogistics.com

Smithfield Foods
Anna Harry
757-365-1985
aharry@smithfield.com

Lineage Logistics Broadens North American Network with Acquisition of VersaCold Logistics Services from TorQuest Partners

Acquisition bolsters Lineage’s existing presence in Canada and enables the Company to provide more efficient cross-border solutions for customers in North America and beyond

Novi, MI – Lineage Logistics, LLC (“Lineage” or the “Company”), one of the world’s leading and most innovative temperature-controlled industrial REITs and logistics solutions providers, today announced it has signed a definitive agreement to acquire VersaCold Logistics Services (“VersaCold”), a leading cold chain solution provider in Canada, from TorQuest Partners (“TorQuest”) and its co-investment partners, The Investment Management Corporation of Ontario (“IMCO”) and OPTrust. Financial terms of the transaction were not disclosed.

Founded in 1941 and headquartered in Vaughan, Ontario, VersaCold is a cold chain leader that runs 24 temperature-controlled facilities comprising 114 million cubic feet of storage and 361,000 pallet positions. Its strategically-positioned network spans nine provinces and includes properties in Canada’s most populous metropolitan markets—including Toronto, Calgary, Vancouver, Edmonton, and Montreal. VersaCold also offers an integrated, asset-based inbound and outbound temperature-controlled transportation solution that operates out of nine terminals across the country and provides coast-to-coast service capabilities.

“Our acquisition of VersaCold represents yet another milestone and an important broadening of our business in Canada,” said Greg Lehmkuhl, President and CEO of Lineage Logistics. “In its 80-plus year history, VersaCold has built a stellar reputation by providing customers with differentiated and fully integrated warehousing and transportation solutions across Canada. We are excited to bring them into the One Lineage family and work alongside the VersaCold leadership team to better serve customers across North America. We also look forward to supporting capacity expansion plans at a number of warehouses across key Canadian markets.”

"We look forward to embarking on this journey with Lineage Logistics,” said Mike Arcamone, President and CEO of VersaCold Logistics Services. “Lineage has emerged as a world leader in creating innovative solutions to help reduce waste across the temperature-controlled supply chain. Combining our seasoned team and our complementary facility network with Lineage will create an even more dynamic company capable of supporting the growing needs of our customers in Canada and around the globe.”

"TorQuest has enjoyed our partnership with Mike and the VersaCold team, and the opportunity to provide capital to invest in and reposition its facility network for the future” said Jonathan Fraser, Partner at TorQuest. “VersaCold has thrived under our ownership, and we are very pleased to have Lineage step in to drive the next chapter for the business. We are also excited to be investing in Lineage as part of this transaction and for our investors to participate in future value creation.”

The acquisition is expected to close in the third quarter of 2022 subject to customary closing conditions.

Wells Fargo Securities, LLC acted as the exclusive financial advisor to VersaCold and TorQuest and Stikeman Elliott LLP served as legal counsel. JP Morgan Chase and Scotia Bank acted as Lineage’s financial advisors and Latham & Watkins as well as Bennett Jones acted as its legal counsel.
 

About Lineage Logistics

Lineage Logistics is one of the world’s leading temperature-controlled industrial REITs and logistics solutions providers. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe and Asia-Pacific. Lineage’s industry-leading expertise in end-to-end logistical solutions, its real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com)

About VersaCold Logistics Services

VersaCold is one of Canada's leading supply chain solutions companies focused exclusively on the handling of temperature sensitive food products. VersaCold delivers a suite of fully integrated logistics services through its national network of industry leading facilities, transportation fleet and advanced technologies that set the benchmark for accessibility, information visualization, real-time tracking and inventory management. VersaCold is proud to play a key role in ensuring the safety, quality and freshness of some of North America's most beloved food brands, protecting the health and wellness of families across Canada from coast to coast. For more information about VersaCold, please visit www.versacold.com.

About TorQuest Partners

Founded in 2002, TorQuest Partners is a Canadian-based manager of private equity funds. With more than C$3.5 billion of equity capital under management, TorQuest is currently investing from TorQuest Partners Fund V, a C$1.4 billion fund that closed in March 2020. TorQuest invests in middle market companies and works in close partnership with management to build value. To learn more about TorQuest, please visit www.torquest.com.


Media Contacts:
Lineage Logistics
Megan Hendricksen
949.247.5172
mhendricksen@lineagelogistics.com

VersaCold Logistics Services
Brian Dove
416.557.3948
Brian.Dove@versacold.com

Lineage Logistics Next-Generation Automated Cold Storage Facility to Provide Global Food Chain Hub for JBS USA

Lineage will own and operate the Great Western Industrial Park facility that will serve as a strategic distribution hub for JBS customers on the West Coast

Project will deliver a $102.9 million economic benefit and bring 80 new jobs to northern Colorado

Novi, MI – Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced the construction of a next-generation automated cold-storage facility in Windsor, Colo., on behalf of JBS USA (“JBS”), a leading global food company.

Lineage designed an automated facility spanning more than 200,000 square feet that will provide JBS with expanded blast freezing and storage capacity, as well as rail access to support the shipment of export products to ports located on the West Coast. The facility will join Lineage’s growing network of fully automated facilities worldwide.

“We are thrilled to partner with our long-term customer, JBS, along with the Town of Windsor and Upstate Colorado Economic Development on this project that builds on JBS's long history of supporting local Colorado communities,” said Greg Lehmkuhl, President and CEO of Lineage. “Through this tremendous partnership, we will construct a new, world-class automated cold storage facility that leverages our industry-leading technology and expertise and builds a more efficient supply chain for JBS.”

”This is an exciting project for our company that supports not just our efforts to provide high-quality food for families around the world but also our longstanding commitment to the state of Colorado,” said Tim Schellpeper, CEO of JBS USA. “The new state-of-the-art facility strengthens our longterm, successful partnership with Lineage, streamlines our supply chain to benefit customers and improves efficiencies, all while benefitting this region through job creation and local investment.”

The new facility will be built on land purchased by Lineage within the 3,000-acre Great Western Industrial Park (GWIP). Owned and operated by rail and real estate developer The Broe Group, the strategic GWIP site will be rail served by The Broe Group’s transportation affiliate, OmniTRAX,  which owns and operates a network of 24 regional and shortline railroads across North America. OmniTRAX will design, build and operate a custom intermodal rail solution for the new facility that unlocks bulk shipment efficiency and enables worldwide reach.

Lineage and JBS worked closely with the Town of Windsor, CO and Upstate Colorado Economic Development to secure this project. As a result of this public-private collaboration, the facility will result in a $102.9 million, 10-year net fiscal benefit to the Town that will support further economic development of the region, including the creation of 80 permanent jobs.

“The Town of Windsor is pleased to welcome a quality company like Lineage Logistics to our community. We appreciate their significant investment in this facility and creating valuable jobs for our region,” said Paul Rennemeyer, Mayor, Town of Windsor.  

“We are excited to see projects like this come to fruition; it is a testament to the collaboration between Windsor, Weld County and the amazing asset this region has in the Great Western Industrial Park,” said Weld County Commissioner, Chair, Scott James. “We want to thank Upstate Colorado Economic Development for their work with our public and private sector partners to bring this project to Northern Colorado. We welcome Lineage Logistics and are excited to support them as they bring new jobs, new investment, and contribute to our thriving food systems cluster in Weld County.”

The construction of the facility is expected to be complete in 2023.  

About Lineage Logistics

Lineage Logistics is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe and Asia-Pacific.  Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivaled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com)
 

About JBS USA

JBS USA is a leading global food company providing diversified, high-quality food products for sale to customers in approximately 100 countries on six continents. This includes meat, poultry and seafood products, a portfolio of recognized brands and innovative premium foods. Visit jbsfoodsgroup.com.
 

About OmniTRAX, Inc.

As one of North America’s largest and fastest growing private railroad and transportation management companies, OmniTRAX's core capabilities range from providing transportation and supply chain management services to railroad and port companies, to providing intermodal and industrial switching operations to railroads, ports and a diverse group of industrial companies. Through its affiliation with The Broe Group and its portfolio of managed companies, OmniTRAX also has the unique capability of offering specialized industrial development and real estate solutions, both on and off the rail network managed by OmniTRAX. More information is available at omnitrax.com. 

 

Media Contacts:
Lineage Logistics
Megan Hendricksen
949.247.5172
mhendricksen@lineagelogistics.com

Lineage Logistics Teams Up with Mirvac to Develop Landmark Cold Storage Warehouse in Western Sydney

Proposed 36,000 sqm state-of-the-art facility will address growing cold storage demand and boost New South Wales economy

Lineage chooses Mirvac’s Aspect Industrial Estate due to strategic location and focus on flexibility, functionality, and sustainability

Sydney, Australia – Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it has entered an agreement with Mirvac, a leading Australian property group, to develop a landmark cold storage warehouse in western Sydney, subject to planning approvals

“This proposed facility is a game changer for Lineage in Australia in terms of serving new and existing customers,” Jeff Hogarth, Senior Vice President Asia Pacific at Lineage, said.

“Expanding our footprint in the important Sydney market has been a long-term strategic goal for the company, and we’re pleased to partner with Mirvac on this exciting project.

“The scale of the facility combined with our industry-leading technology and innovations will help our customers better navigate increasing supply chain demands both domestically and internationally.

“This major investment in the NSW food supply chain will allow the fast and secure delivery of fresh food produce to our customers. It also links producers in NSW to the rest of Australia and important international markets,” he said.

Mr. Hogarth said the development had the potential to create a significant number of jobs and contribute to the ongoing economic development of Western Sydney.

Lineage will purchase a prime seven-hectare land parcel in Mirvac’s Aspect Industrial Estate at Kemps Creek where it plans to develop an automated facility comprising 50,000-pallet positions and an 18,000-pallet position manual warehouse for retail operations. It is envisaged the 36,000 sqm facility will feature 43 loading docks and 235 carparks.

The facility will be situated in a rapidly growing development corridor near the new Badgery's Creek Airport and will involve the construction of significant new road infrastructure. The site is adjacent to major retailers and distribution centres for Australian and international brands.

Lineage’s industry-leading automation technology, which is set to be installed at the new facility, increases storage density, maximizes capacity, provides real-time inventory management, and keeps food safe, while simultaneously reducing energy consumption.

“Lineage’s growing automation presence comes at a critical time for the cold chain sector as the Covid-19 pandemic has accelerated changes to operations, particularly when it comes to managing our workforce,” Mr. Hogarth said.

He said Lineage as an internationally integrated company was acutely focused on further building out our Australian and regional footprint so customers could take advantage of Lineage’s leading global end-to-end logistics capability.

The proposed facility is subject to the receipt of the relevant planning approvals from NSW Department of Planning and Environment.  

The sale was negotiated by CBRE’s Industrial and Logistics Regional Director – Cameron Grier.
 

About Lineage Logistics
Lineage Logistics is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 400 strategically located facilities totalling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe, and Asia-Pacific.  Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivalled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com) 
 

Media Contacts:
Nigel Kassulke
+61 407 904 874                                                             
Nigel.Kassulke@teneo.com

Lineage Logistics Acquires MTC Logistics, Expanding Access to Ports on U.S. East and Gulf Coasts

Acquisition adds four cold storage facilities along the U.S. East and Gulf Coasts, including nearly 38M cubic feet and over 113,000 pallet positions

NOVI, MI and BALTIMORE, MD – March 9, 2022 – Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced that it has acquired MTC Logistics (“MTC”), a leading cold-chain provider with four strategic locations on or near the ports of Baltimore, MD, Wilmington, DE and Mobile, AL. Financial terms of the transactions were not disclosed.

Through the acquisition of these four facilities, Lineage will add nearly 38 million cubic feet of capacity and over 113,000 pallet positions in the United States. These facilities will add to Lineage’s existing footprint of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity across 19 countries.

“MTC Logistics’ strong presence at key ports along the U.S. East and Gulf Coasts and focus on best-in-class service and innovation will help better connect our customers to the global food supply chain,” said Greg Lehmkuhl, President and CEO of Lineage Logistics. “We look forward to welcoming the MTC team into the One Lineage family and leveraging their expertise to fulfill our vision of becoming the world's most dynamic temperature-controlled logistics company.”

MTC Logistics, was a wholly owned subsidiary of Hoffberger Holdings, Inc. (“HHI”) a diversified privately held investment company of the Hoffberger family of Baltimore, MD. A fifth-generation family business and recognized as one of the International Association of Refrigerated Warehouses (IARW) North American Top 25, MTC provides warehousing services including blast freezing, import/export services, case selection, transportation/port drayage and storage between -20 degrees Fahrenheit and +40 degrees Fahrenheit.

“As part of MTC’s nearly century-long commitment to the refrigerated and frozen warehousing and transportation industry, we have always sought opportunities to be a warm, responsive and dedicated partner to our customers,” said Harry Halpert, Chairman of MTC Logistics and CEO of Hoffberger Holdings. “Our customers and associates will benefit from Lineage’s scale and industry-leading technology, and we are fortunate to find a strong partner who shares our values and customer-centric approach.”

G2 Capital Advisors LLC and Whiteford, Taylor & Preston LLP served as financial and legal advisors to MTC, respectively.

About Lineage Logistics
Lineage Logistics is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe and Asia-Pacific.  Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivalled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com)

About MTC Logistics
MTC Logistics was a wholly owned subsidiary of Hoffberger Holdings, Inc. (“HHI”) a diversified privately held investment company of the Hoffberger family of Baltimore, MD. MTC Logistics operates four distribution centers with more than 38 million cubic feet of refrigerated and frozen space, serving the ports of Baltimore, MD, Philadelphia, PA, Wilmington, DE, and Mobile, AL.

Media Contacts:
Lineage Logistics
Megan Hendricksen
949.247.5172
mhendricksen@lineagelogistics.com       

Surging Customer Demand Drives Major Expansion of Lineage Logistics’ Footprint in Vietnam

Hanoi expansion ideally positioned to cater for growing trade between Vietnam and China and Southeast Asia

Lineage sees major potential for further expansion in Vietnam to serve growing intra-country sophisticated supply chains

Lineage pays tribute to its Vietnamese workforce for ensuring vital food supply chains remained operational during last year’s Covid lockdown

Hanoi, Vietnam - Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it is more than doubling the capacity of its Bac Ninh, Hanoi facility.

The facility will be expanded from 8,000 to 20,000-pallet positions to meet surging demand from customers servicing Vietnam’s growing perishable food sector.

The facility is used to store and distribute frozen, chilled, and ambient food products to northern Vietnam’s major regional centres and store food products for export, particularly seafood.

“The Hanoi facility expansion will further broaden our reach across Vietnam and Asia more broadly due to its prime location on the key trade routes with China and Southeast Asia,” Jeff Hogarth, Lineage’s President of Asia Pacific, said.

“Vietnam is a key food production and distribution hub, so this is a strategic expansion that will benefit customers across the region.

“We also see great potential for further expansion in Vietnam, given the region’s under-developed cold store supply chain, growing customer demand for high quality logistics solutions and growing income levels, spurring consumption of more perishable goods.”

The expanded facility will incorporate solar panels as part of the Company’s ongoing commitment to sustainability.

In addition to the economic boost provided by the construction of the facility’s extension, Lineage Logistics will create 50 new long-term jobs to operate the facility.

Lineage Logistics’ Vietnam team has adapted throughout the Covid-19 pandemic, including staffing two Lineage facilities in Ho Chi Minh and Binh Duong to run continuously for three months to ensure essential foods were distributed to Vietnamese citizens.

“The dedication and selflessness of our employees during this extremely difficult time allowed us to ensure the distribution of critical food supplies was uninterrupted and maintain the food supply chain throughout the lockdown,” Vien Nguyen Huu, Regional Vice President at Lineage, said.

Construction of the Hanoi expansion has begun and is due to be completed in July 2022. Lineage Logistics entered the Vietnamese market in 2019 with its acquisition of Preferred Freezer Services. The company has operations in Ho Chi Minh, Binh Duong and Bac Ninh.

About Lineage Logistics

Lineage Logistics is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 400 strategically located facilities totalling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe and Asia-Pacific.  Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivalled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimise supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com)

Media Contact:

Scott McFarlane

+61 493 119 547

scott.mcfarlane@teneo.com

Lineage Logistics Transitions Operations at its Hvidovre Site in Denmark

Lineage acquired real estate in Hvidovre in June 2020 and will now operate the cold storage facility

The announcement follows a number of strategic acquisitions by Lineage in Denmark, including Claus Sørensen Group in June 2021

The Hvidovre site is strategically located near central Copenhagen and Copenhagen Airport, and is rapidly developing into a major business district

Novi, MI and Amsterdam – January 11, 2022 – Lineage Logistics, LLC (“Lineage” or the “Company”), one of the world’s leading temperature-controlled industrial REIT and logistics solutions provider, today announced the transition of operations at Kanalholmen 15, a site it acquired in June 2020 and has since leased to a third party, with the acquisition of Agri-Norcold’s business at the site.

The Kanalholmen 15 property totals 22,000 square meters and counts a number of customers in the retail and food sector.

“The transition of operations in Hvidovre, with its highly strategic location and rich customer base, is a further testament to our commitment to growth in the Nordic region,” said Harld Peters, Senior Vice President, Europe at Lineage. “We are rapidly scaling our operations in Denmark and the Nordic region as a whole to best serve our customers’ extended supply chains.”

“The Nordics, and Denmark in particular, occupy a central location for food distribution in Lineage’s global network,” said Jesper Toft Mathiasen, Regional Vice President of Lineage’s Nordic Region. Greater Copenhagen is at the heart of the most densely populated region in Scandinavia, with excellent air, ship and land routes to Europe and the rest of the world. Through operations like those at Avedore, Lineage can effectively serve as a gateway for customers to global markets.”

The Avedore acquisition follows a string of acquisitions in Denmark and Norway. Lineage Logistics entered the Nordic market in 2020 and has since acquired Claus Sørensen, a major cold storage operator in Denmark, Lundsøe Køl & Frys A/S with cold-storage facilities in Northern Jutland and in Aarhus, Super Frost Sjælland ApS, and Coldstar ApS.

In total, Lineage’s Nordic footprint now comprises nearly 1.5 million cubic metres and 304,700 pallet positions across 17 facilities.

About Lineage Logistics

Lineage Logistics is one of the leading temperature-controlled industrial REIT and logistics solutions providers worldwide. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe and Asia-Pacific.  Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivaled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com) 

Media Contacts:
Lineage Logistics
Magnus Franklin
+32471620575
magnus.franklin@teneo.com

Lineage Logistics Strengthens European Transport Capability and Expands Benelux Footprint

Acquisition of Van Tuyl Logistics brings transport capacity to Lineage’s Dutch operations, strengthening the Company’s end-to-end refrigerated and frozen solutions portfolio

Acquisitions of H&S Coldstores and Frigocare Rotterdam BV bring additional cold-storage capacity to the Company’s leading facility footprint in Benelux

Novi, MI and Amsterdam – 11 January 2022 – Lineage Logistics, LLC (“Lineage” or the “Company”), one of the world’s leading temperature-controlled industrial REIT and logistics solutions provider, today announced the acquisitions of Van Tuyl Logistics, H&S Coldstores and Frigocare Rotterdam BV. These strategic transactions will strengthen Lineage’s portfolio of end-to-end logistics solutions in the region and grow Lineage’s presence in the Netherlands by more than 250,000 cubic metres of capacity.

Van Tuyl Logistics is a Dutch provider of temperature-controlled logistics based in Gameren that provides refrigerated and frozen transport, employing a modern fleet of 60 trucks and 90 trailers with a self-owned repair station, as well as warehousing services for 30,000 pallet spaces at different temperatures, and a real estate holding division.

“We are pleased to welcome Van Tuyl Logistics into the One Lineage Family as we continue to build momentum and further expand our European operations,” said Harld Peters, Senior Vice President, Europe at Lineage. “The Netherlands remains a critical hub for the food cold chain within the European market, given its central location and accessibility to key seaports and inland terminals. Accordingly, the addition of Van Tuyl will help Lineage to connect more points across our customers’ extended supply chains.”

“We know that Lineage is the right partner for the next stage in our company’s history and in our ambition to reimagine the journey of food,” said Richard van Tuijl, General Director of Van Tuyl Logistics. “Our end-to-end solutions complement Lineage’s strong and growing presence in Europe, and we are confident that our customers will continue to be well-served as we combine our logistics and cold storage operations.”

Lineage also acquired Dutch provider H&S Coldstores and its logistics forwarding business from the H&S Group, Europe’s largest intermodal Liquid Food operator.

Headquartered in Beneden-Leeuwen, Netherlands, H&S Coldstores provides end-to-end juice supply chain services, including transport, warehousing, customs, production, processing, laboratory testing, and packaging solutions. H&S Group also offers a pan-European network of more than 250 privately owned and subcontracted vehicles, and more than 1,500 tank units for the liquid foodstuff industry.

In total, this acquisition will add a capacity of 48.000 tonnes to Lineage’s footprint in Europe. The Dutch H&S Coldstores facilities in Elst and Tiel will be moved to a new location in a newly built facility, closer to other existing facilities in Beneden-Leeuwen. This new cold store near the port of Rotterdam will be operational by mid-2022. This new facility complies with the highest LEED/BREEAM status, and will make use of solar energy.

“H&S Coldstores is another fantastic example of our continued investment in the Netherlands,” said Harld Peters, Senior Vice President, Europe at Lineage. “In particular, H&S Coldstores’s differentiated juice-blending services greatly complement our existing capabilities via our recent acquisition of Kloosterboer, and will further diversify our business offering across the cold chain.”

Finally, Lineage also announced today the acquisition of the Dutch facilities of Frigocare Rotterdam BV, a company specialized in handling imports of frozen fish mainly from the North Atlantic and Asia to the Port of Rotterdam. The facility is located near an existing Lineage facility in the same harbour and will add 15,000 pallet positions in its 20,000 square metre warehouses to Lineage’s operations in Rotterdam.

Financial terms of the transactions were not disclosed.
 

About Lineage Logistics
Lineage Logistics is one of the leading temperature-controlled industrial REIT and logistics solutions providers worldwide. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe and Asia-Pacific.  Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivaled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com) 

About Van Tuyl Logistics
Van Tuyl Logistics is a Dutch cold chain logistics company, active in The Netherlands since its inception in 1983. The company specialises in refrigerated and frozen transport of fresh produce and other foodstuffs. Aside from its transport activities, Van Tuyl Logistics also provides storage solutions via their cold storage facility, located in Gameren, The Netherlands.

About H&S Group
H&S Group is Europe’s largest intermodal Liquid Food operator. The company is headquartered in Barneveld, The Netherlands and provides end-to-end supply chain services. H&S Group also offers a pan-European network of more than 250 privately owned and subcontracted vehicles, and more than 1,500 tank units for the liquid foodstuff industry. H&S Coldstores owns three facilities in Tiel, Beneden-Leeuwen and Elst, where it provides the following services: transport, warehousing, customs, production, processing, laboratory testing, and packaging solutions.

About Frigocare Rotterdam
Frigocare Rotterdam BV is a cold store company specialised in food logistics, specifically handling frozen fish from the North Atlantic and Asia to the port of Rotterdam, The Netherlands. The company provides the following services aside from storage: container reception, border inspection, sorting, palletizing, (re)packing and (un)loading of various delicate cargo, mostly seafood, under EU-license.

Media Contacts:
Lineage Logistics
Magnus Franklin
+32471620575
magnus.franklin@teneo.com

Lineage Logistics Announces $1.7 Billion in New Equity to Fuel Supply Chain Innovation and Growth

New equity will strengthen the Company’s balance sheet and will be invested in innovation and growth opportunities, including automation projects, new construction, and supply chain technology and clean energy initiatives

Investors include BentallGreenOak, CenterSquare Investment Management, Cohen & Steers, D1 Capital Partners, Healthcare of Ontario Pension Plan (HOOPP), NYSTRS, OP Trust, Oxford Properties, QuadReal Property Group, Rabobank, StepStone, and others

Funding brings totally equity raised since January 2020 to $6 billion

Novi, MI – January 4, 2022 – Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it has raised $1.7 billion in equity from new and existing strategic partners. Participating investors include BentallGreenOak, CenterSquare Investment Management, Cohen & Steers, D1 Capital Partners, Healthcare of Ontario Pension Plan (HOOPP), NYSTRS, OP Trust, Oxford Properties, QuadReal Property Group, Rabobank, StepStone, and others.

“This latest round of funding is further validation of our business strategy and will be used to double down on our commitment to offering innovative, end-to-end supply chain solutions for our customers worldwide,” said Greg Lehmkuhl, President and CEO of Lineage. “As we head into 2022, this new equity gives us even more confidence in our ability to drive future growth opportunities for our business, the industry, and the wider food supply chain.”

The new capital will strengthen Lineage’s balance sheet and will fuel Lineage’s investments in industry-leading technology, including automation and proprietary software tools that help to improve supply chain efficiencies. It will also be used to fund Lineage’s growth through greenfield developments, facility expansions, and investments in clean energy initiatives.

“While Lineage has already achieved significant growth since its founding in 2008, the company remains as committed as ever to its promise of preserving, protecting, and optimizing the distribution of food,” said Adam Forste, Co-Executive Chairman of Lineage and Co-Founder and Managing Partner at Bay Grove, which founded and manages Lineage Logistics. “Lineage’s continued growth and investments in technology and innovation would not be possible without our incredible investors. We are excited to have fresh capital from this latest funding to deploy in our business and create new solutions and capacity for our customers, particularly during this time of significant disruption in global supply chains.”

The equity raise follows Lineage’s latest funding round of $1.9 billion, announced in March 2021. The latest funding brings the total equity raised since January 2020 to $6 billion.

Morgan Stanley acted as financial advisors, and Latham Watkins served as legal counsel for Lineage.
 

About Lineage Logistics

Lineage Logistics is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe and Asia-Pacific.  Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivaled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com) 
 

About Bay Grove
Bay Grove is a principal investment firm dedicated to partnering with strong management teams to invest in and build long-term platform investments. Since 2008, Bay Grove has built Lineage Logistics through acquisitions and investments completed in partnership with entrepreneurs, customers and employees. The firm has deep experience in the warehousing and logistics industry and also seeks to make investments in other attractive sectors. Bay Grove is based in San Francisco. (www.bay-grove.com)
 

Media Contacts:
Lineage Logistics
Megan Hendricksen
949.247.5172
mhendricksen@lineagelogistics.com

Lineage Logistics Expands through Auscold Logistics Acquisition in South Australia

Auscold Logistics acquisition enhances Lineage’s facility footprint and ability to provide South Australia linehaul solutions

Best-in-class temperature-controlled transport and storage assets provides more capacity and options for Lineage’s Australian customers

Australia - Lineage Logistics LLC, a leading global temperature-controlled industrial REIT and logistics solutions provider, today announced it has acquired Auscold Logistics, a major South Australian transport and warehousing company. Financial terms of the transaction were not disclosed.

The acquisition includes a state-of-the-art warehouse in Adelaide and a fleet of over 70 GPS tracked, temperature-controlled trucks, providing customers daily dry, chilled and frozen transport to Australia’s capital cities and major regional centres. The integration will complement Lineage’s regional distribution centre in Adelaide, providing Lineage’s customers with a total of 32,000 sqm of cold storage capacity and 27,700 pallet positions across the two facilities.

The Auscold Logistics business offers a full suite of quarantine-approved, multi-temperature storage across more than 11,000 frozen and refrigerated pallets and a 3,600sqm chilled cross dock area. Additionally, the South Australian company transports goods including confectionery, pharmaceutical products, and frozen, chilled and fresh produce.

“The Auscold business will broaden our reach across the nation, particularly in southern Australia, and greatly benefit South Australian businesses’ supply chains,” Mr Jeff Hogarth, Senior Vice President Asia Pacific at Lineage, said.

“This acquisition is a key development in our plans to bring best-in-class cold storage companies into the Lineage family to connect the end-to-end supply chain dots for customers,” he said.

Lineage Logistics entered the Australian market in 2019 when it acquired Emergent Cold. The company has operations in NSW, Victoria, Queensland, South Australia and Western Australia.

For further information please contact Nigel Kassulke on +61 407 904 874.

About Lineage Logistics: Lineage Logistics is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 400 strategically located facilities totalling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe and Asia-Pacific. Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivalled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020 (www.lineagelogistics.com)