Lineage Logistics has bought Partner Logistics of Europe, the first international acquisition for the temperature-controlled warehousing company based in Irvine, Calif.
Lineage adds over 101 million cubic feet of temperature-controlled capacity with the acquisition and expands its operations with six automated warehouses and one conventional warehouse in the Netherlands, Belgium and the United Kingdom.
“This transaction is a great opportunity for our company and our customers,” said Partner Logistics CEO Duco Buijze said. “We are excited to join Lineage and to increase the resources we have for growth and to expand our service offerings.”
Lineage said the deal is an important step in its overall automation plans, which have been in development for more than three years. That includes construction of its first U.S. automated facility in Dallas-Fort Worth.
“Our acquisition of Partner Logistics represents Lineage’s ongoing commitment to serving our customers’ global supply chains by delivering dynamic, sophisticated cold chain logistics solutions,” Lineage CEO Greg Lehmkuhl said. “We are thrilled to welcome the Partner team and are confident their incredible industry expertise, particularly in automation, will accelerate Lineage as a thought leader in this area with existing and new customers.”
Lineage ranks No. 20 on the Transport Topics Top 50 list of the largest logistics companies in North America and No. 9 among warehousing firms.
Financial terms of the deal were not disclosed.
