Lineage Logistics Announces Acquisition of Spanish Transport and Cold-Store Operator Grupo Fuentes
Lineage Logistics, LLC (Lineage or the Company), one of the worlds leading temperature-controlled industrial REIT and logistics solutions providers, today announced its intention to acquire Grupo Fuentes, a major operator of transport and cold storage facilities, headquartered in Murcia, Spain.
- Lineage Logistics, LLC (Lineage or the Company), one of the worlds leading temperature-controlled industrial REIT and logistics solutions providers, today announced its intention to acquire Grupo Fuentes, a major operator of transport and cold storage facilities, headquartered in Murcia, Spain.
- Grupo Fuentes operates a fleet of over 500 vehicles and trailers, 6 logistics centers, a cold storage warehouse, and services supporting those facilities.
- Grupo Fuentes will accelerate our ongoing expansion into transport services, which will enable us to deliver end-to-end solutions for our customers throughout the Lineage network and Europe broadly.
- The acquisition of Grupo Fuentes and its transport fleet is a complement to Lineages recent expansion of its European warehouse facilities.