Lineage Logistics Acquires MTC Logistics

March 9, 2022

Lineage Logistics acquired MTC Logistics, a cold-chain provider operating four refrigerated facilities near key U.S. East and Gulf Coast ports (Baltimore, Wilmington, Philadelphia and Mobile). The deal adds nearly 38 million cubic feet of capacity and over 113,000 pallet positions to Lineage's global temperature-controlled network; financial terms were not disclosed. MTC was a wholly owned subsidiary of Hoffberger Holdings, Inc.

Buyers
Lineage Logistics, LLC
Targets
MTC Logistics
Sellers
Hoffberger Holdings, Inc.
Location
Maryland, United States
Transaction Type
Buyout

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