Lineage Logistics Acquires Grupo Fuentes

Source Logistics Acquires LaGrou Distribution Warehousing Business

March 5, 2025

Logistics & Distribution

Source Logistics has acquired LaGrou Distribution's warehousing business in Northeast Illinois, adding eight Chicago-area facilities and over 2 million square feet of refrigerated and frozen storage to its platform. The deal expands Source Logistics' national network into the Midwest (bringing its footprint to 23 locations and 5+ million sq ft) and introduces cold-chain capabilities to its service offering; LaGrou's non-warehousing and transportation divisions remain with prior owners.

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.

Emergent Cold Latin America Acquires Bodegas Frias

May 16, 2022

Logistics & Distribution

Emergent Cold Latin America has acquired Bodegas Frias, the largest third-party refrigerated storage operator in Guatemala, adding roughly 20,000 pallet positions across three facilities in Palín, Villa Nueva and Xela. The deal marks Emergent Cold LatAm's entry into Guatemala and expands its regional cold‑chain footprint as part of an ongoing Latin America growth strategy.

Lineage Logistics Acquires MTC Logistics

March 9, 2022

Logistics & Distribution

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.

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.

Lineage Logistics Acquires Ontario Refrigerated Services to Launch Canadian Platform

July 23, 2020

Logistics & Distribution

Lineage Logistics signed a definitive agreement to acquire Ontario Refrigerated Services, a family-operated cold storage provider with four facilities in the Greater Toronto market, marking Lineage's entry into Canada. The deal, made in partnership with CapCold Group Inc. (formed by Robert and Patrick Molyneux), adds ~510,000 sq ft (16.2 million cubic feet) and ~100,000 pallet positions of refrigerated capacity; financial terms were not disclosed.