M&A Deal Summary

Lineage Acquires Allied Frozen Storage

On August 11, 2020, Lineage acquired real estate company Allied Frozen Storage

Acquisition Highlights
  • This is Lineage’s 13th transaction in the Real Estate sector.
  • This is Lineage’s 23rd transaction in the United States.
  • This is Lineage’s 2nd transaction in New York.

M&A Deal Summary

Date 2020-08-11
Target Allied Frozen Storage
Sector Real Estate
Buyer(s) Lineage
Deal Type Add-on Acquisition

Target

Allied Frozen Storage

Brockport, New York, United States
Allied Frozen Storage, Inc. is a provider of logistic storage services. Allied Frozen Storage was founded in 1983 and is based in Brockport, New York.

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Buyer(S) 1

Buyer

Lineage

Novi, Michigan, United States

Category Company
Founded 2012
Sector Real Estate
Revenue 5.3B USD (2023)
DESCRIPTION

Lineage is a warehousing and logistics company built to deliver sophisticated, customized, and dependable cold supply solutions for a variety of customers worldwide. Lineage was founded in 2012 and is based in Novi, Michigan.


DEAL STATS #
Overall 28 of 44
Sector (Real Estate) 13 of 18
Type (Add-on Acquisition) 20 of 33
State (New York) 2 of 2
Country (United States) 23 of 27
Year (2020) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-11 Professional Freezing Services

Bedford Par, Illinois, United States

Professional Freezing Services is a provider of cold storage facility. Professional Freezing Services is based in Bedford Park, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 Pago Sp. z o.o.

Grodzisk Wielkopolski, Poland

Pago is a provider of frozen food logistics that successfully carries out projects combining warehouse and distribution logistics, meeting the needs of the most demanding customers, including the largest Polish manufacturers of frozen food, international concerns, and retail chains who expect the highest standards of service, ethics, and safety. Pago runs a network of modern frozen food logistics centers, developed in accordance with top construction and equipment standards, and its total storage capacity exceeds 190 000 pallet positions. One of its facilities is located in the Baltic Sea Port of Gdańsk, directly in the Deepwater Container Terminal, making Pago an important link in the supply chain in terms of global frozen food trade. Pago is based in Grodzisk Wielkopolski, Poland.

Buy -