Lineage Logistics Acquires Ontario Refrigerated Services to Launch Canadian Platform

Lineage Logistics Acquires VersaCold Logistics Services from TorQuest Partners

April 13, 2022

Logistics & Distribution

Lineage Logistics has agreed to acquire VersaCold Logistics Services from TorQuest Partners and its co-investors IMCO and OPTrust, expanding Lineage’s temperature-controlled network in Canada. VersaCold operates 24 temperature-controlled facilities and an asset-based transportation network across nine provinces; financial terms were not disclosed and the deal closed in 2022.

Lineage, Inc. Acquires ColdPoint Logistics for USD 223 million

November 1, 2024

Logistics & Distribution

Lineage, Inc. (NASDAQ: LINE) acquired the assets of ColdPoint Logistics, a temperature-controlled warehousing and transport provider based in the Kansas City area, for approximately USD 223 million. The deal closed on November 1 and expands Lineage's Midwest footprint and access to the protein corridor and intermodal export capacity via onsite rail at ColdPoint's 621,000-square-foot facility.

Lineage Logistics Acquires Cold Storage Nelson

August 2, 2022

Logistics & Distribution

Lineage Logistics has acquired Cold Storage Nelson Limited to expand its New Zealand and Asia‑Pacific cold‑storage network; financial terms were not disclosed. The deal adds CSN’s refrigerated warehousing capabilities and inventory‑management expertise in Nelson, linking local producers (marine, agricultural and horticultural) to Lineage’s global logistics platform.

Lineage Logistics Acquires Kloosterboer Group

October 7, 2021

Logistics & Distribution

Lineage Logistics has completed the acquisition of the family‑owned Kloosterboer Group, a Netherlands‑based cold storage and temperature‑controlled logistics provider with ~900 employees and 11 facilities across Europe, Canada and South Africa. The deal expands Lineage's European footprint—adding locations in France and Germany—and enhances its value‑added and automation capabilities while reinforcing sustainability leadership.

TorQuest Partners Acquires VersaCold Logistics Services

December 16, 2020

Logistics & Distribution

TorQuest Partners, together with co-investors The Investment Management Corporation of Ontario (IMCO) and OPTrust, completed the acquisition of VersaCold Logistics Services from KingSett Capital and Ivanhoé Cambridge. VersaCold's management (led by Mike Arcamone as CEO) rolled equity and will continue to operate the business as the new investors support growth of the company's temperature‑controlled warehousing and food logistics network in Canada.

Lineage Acquires Bellingham Cold Storage Warehouses

April 1, 2025

Logistics & Distribution

Lineage, Inc. acquired three temperature-controlled warehouses and related assets from Bellingham Cold Storage, representing approximately 24 million cubic feet of capacity and about 85,000 pallet positions across three Washington locations (Bellingham Waterfront, Orchard/I-5, and Burlington Dry). The deal expands Lineage’s Pacific Northwest network and provides a strategic footprint at the Port of Bellingham to better serve seafood, agriculture and broader food & beverage customers.