M&A Deal Summary

Lineage Acquires Kloosterboer

On June 8, 2021, Lineage acquired transportation company Kloosterboer

Acquisition Highlights
  • This is Lineage’s 13th transaction in the Transportation sector.
  • This is Lineage’s 3rd transaction in the Netherlands.

M&A Deal Summary

Date 2021-06-08
Target Kloosterboer
Sector Transportation
Buyer(s) Lineage
Deal Type Add-on Acquisition
Advisor(s) Nielen Schuman (Financial)
De Brauw Blackstone Westbroek (Legal)

Target

Kloosterboer

Rotterdam, Netherlands
Kloosterboer is a front-runner in logistics services in Western Europe for temperature controlled food products (including fish, meat, fruit, fruit juices and concentrates, dairy and potato products). The Company specialise in storage, stevedoring, logistics, handling customs formalities, and logistical IT solutions. Kloosterboer was founded in 1925 and is based in Rotterdam, Netherlands.

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Buyer(S) 1

Buyer

Lineage

Novi, Michigan, United States

Category Company
Founded 2012
Sector Real Estate
Employees26,000
Revenue 5.3B USD (2024)
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 33 of 47
Sector: Transportation M&A 13 of 20
Type: Add-on Acquisition M&A Deals 24 of 36
Country: Netherlands M&A 3 of 6
Year: 2021 M&A 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-20 Crystal Creek Logistics

Ferndale, Washington, United States

Crystal Creek Logistics specializes in fulfillment, logistics, and shipping services for direct-to-consumer e-commerce companies with perishable products. The company offers dedicated client support, sustainable operations, and innovative solutions. As a certified B-Corp, Crystal Creek is committed to socially responsible business practices. Partners of Crystal Creek have access to a leading and national system of warehouses that provide maximum reach and efficiency to reduce costs and increase efficiency which allows customers to focus more energy on growing their business. Crystal Creek Logistics was formed in 2008 and is based in Ferndale, Washington.

Buy -
FOLLOWING 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 -