Lineage Logistics adds 790K pallet positions with latest acquisition

Dive Brief:

• Lineage Logistics strengthened its presence in Europe on Oct. 7 by completing the acquisition of a Netherlands-based cold storage company, Kloosterboer, according to a press release.
• The acquisition adds 6.4 million cubic meters of capacity and 790,000 pallet positions. Kloosterboer also provides freight forwarding, customs brokerage, container handling and intermodal transport, according to the announcement.
• The completion of Lineage Logistics' latest purchase adds to its portfolio of services and cold storage footprint. Lineage has been expanding through M&A, including a dozen transactions in Europe last year.

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