Lineage, Inc. Acquires ColdPoint Logistics for USD 223 million
November 1, 2024
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.
- Buyers
- Lineage, Inc.
- Targets
- ColdPoint Logistics
- Sellers
- NorthPoint Development
- Industry
- Logistics & Distribution
- Location
- Kansas, United States
- Transaction Type
- Buyout
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