M&A Deal Summary

Lineage Acquires Hanson Logistics

On August 4, 2021, Lineage acquired transportation company Hanson Logistics

Acquisition Highlights
  • This is Lineage’s 14th transaction in the Transportation sector.
  • This is Lineage’s 25th transaction in the United States.
  • This is Lineage’s 1st transaction in Michigan.

M&A Deal Summary
Date 2021-08-04
Target Hanson Logistics
Sector Transportation
Buyer(s) Lineage
Deal Type Add-on Acquisition

Target

Hanson Logistics

St. Joseph, Michigan, United States
Hanson Logistics is a temperature-controlled warehousing and logistics provider. Hanson’s network includes seven distribution facilities spanning over 46 million cubic feet of capacity across Michigan and Indiana, which are strategically located to reach over 60% of the U.S. population. Hanson Logistics was founded in 1954 and is based in St. Joseph, Michigan.

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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 35 of 44
Sector (Transportation) 14 of 18
Type (Add-on Acquisition) 25 of 33
State (Michigan) 1 of 1
Country (United States) 25 of 27
Year (2021) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-15 Claus Sørensen - Cold Storage Division

Esbjerg, Denmark

Claus Sørensen's Cold Storage Division provides cold storage for meat and poultry, bread, ice cream, pre-cooked meals, fruits and vegetables, and dairy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-11 Van Tuyl Logistics

Gameren, Netherlands

Van Tuyl Logistics is a Dutch cold chain logistics company that specializes in refrigerated and frozen transport of fresh produce and other foodstuffs. Aside from its transport activities, Van Tuyl Logistics also provides storage solutions via its cold storage facility. Van Tuyl Logistics was founded in 1983 and is based in Gameren, Netherlands.

Buy -
Mergr

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