Lineage Logistics, which provides temperature-controlled logistics solutions, has acquired two European facilities from the Netherlands’ Van Soest Coldstores, which specializes in the storage and transfer of cooled and deep-frozen food products. Terms of the agreement were not disclosed.
Lineage acquired Van Soest’s facilities in Venlo, Netherlands, and Rijkevorsal, Belgium, adding to Lineage’s existing presence in both countries.
“Part of our strategy is to grow the Lineage facility network in strategic locations to provide our customers with best-in-class solutions that meet all of their cold storage and logistics needs,” says Greg Lehmkuhl, president and CEO of Lineage. “Bringing Van Soest Coldstores into the Lineage family helps us do just that.”
The acquisition will add more than 10 million cubic feet and more than 300,000 square feet of storage capacity to Lineage’s portfolio after current expansions are completed, bringing Lineage’s European cold storage capacity to nearly 200 million cubic feet across 23 facilities in England, Scotland, Belgium, and the Netherlands.
“We have found a strong European partner in Van Soest Coldstores, whose management shares our values and our drive to lead the cold storage industry,” says Mike McClendon, president of Lineage Europe and executive vice president of network optimization and integration of Lineage Logistics. “Anton Mauritz and his team have built an impressive business through their commitment to customer service, and we are excited to uphold their stellar reputation by supporting their expansion of the Rijkevorsal facility this fall.”
Lineage was founded in 2008 and has grown through new construction and acquisitions in the U.S. and across the globe. It has more than 1.4 billion cubic feet and nearly 40 million square feet of capacity across more than 200 facilities spanning North America, Europe, and Asia.
“Over our 35-year history, Van Soest has become a trusted partner to many of Europe’s leading food manufacturers,” says Mauritz, managing director of Van Soest Coldstores. “We decided to join the Lineage family because of the company’s impressive track record of building lasting relationships based on mutual respect with family businesses like Van Soest. I am proud to be a part of the Lineage network and look forward to helping the company continue to grow as a strategic adviser.”
Van Soest was founded in 1984.
Written by Grace Turner for DBusiness magazine.