Page 10 - Vol.36-No.9 issue

REFRIGERATION & COLD STORAGE

LINEAGE LOGISTICS ENTERS THE POLISH

COLD STORAGE MARKET

Lineage Logistics Holdings, LLC (“Lin-
eage” or the “Company”), the world’s
largest and most innovative tempera-
ture-controlled industrial REIT and logis-
tics solutions provider, today announced
it has acquired Pago Sp. z o.o. (“Pago”),
leading warehousing, distribution, and
transport logistics provider in Poland
from its current ownership, including
Tönnies International Holding GmbH
(“Tönnies”). The strategic acquisition
marks the Company’s entrance into the
Polish market and adds six exception-
al assets to Lineage’s global network of
temperature-controlled facilities. Lin-
eage was founded and continues to be
managed by Bay Grove Capital, LLC add capacity and implement new, inno- business and help Lineage drive fur-
(“Bay Grove”), a principal investment vative customer solutions.” ther growth in this critical and strategic
firm dedicated to partnering with strong The combined Company will feature region. We would like to thank Tönnies
management teams to build long-term over 1.9 billion cubic feet of tempera- for their efforts in support of this trans-
platform investments. The financial ture-controlled capacity across more action.”
terms of the transactions were not dis- than 330 facilities in 15 countries, with a “We couldn’t be more excited to be
closed. global footprint that spans North Ameri- joining the Lineage family,” said Patryk
“We are excited to enter Poland by ca, South America, Europe, Asia, Austra- Gościniak, Vice Chairman of Pago. “Lin-
acquiring Pago, which is known for its lia, and New Zealand. eage is known worldwide for its unri-
dedicated team members, the most “We are very pleased to partner with valed international facility network,
modern network in its market and an the current Pago leadership, who have robust suite of supply chain solutions
entrepreneurial culture with roots as a helped the organization since 2006 as well as its extensive technology and
family business – just like so many of the based on an ethos of reliability, quality automation resources. We are honored
organizations we’ve embraced as part of and commitment to the customer while they have recognized our talent and ex-
our ‘One Lineage’ family,” said Mike Mc- growing it to become the largest and pertise in the Polish market and will now
Clendon, Lineage’s President of Interna- most modern cold storage company in lead the Pago team into a promising new
tional Operations & EVP of Network Op- Poland,” said Adam Forste, Co-Executive chapter as part of Lineage. On behalf of
timization. “The acquisition also expands Chairman of Lineage and Co-Found- the leadership, I’d like to thank our entire
the Lineage footprint to an increasingly er and Managing Partner of Bay Grove. team for their hard work in building Pago
important market for our customers and “Pago leaders Adam, Patryk, and Ma- to what it is today. It is because of these
a region where we see opportunities to ciej Gościniak will continue with the efforts and commitment to our business
that we have reached this milestone.”
Circle 9 on enquiry card
TI COLD DEVELOPMENT ANNOUNCES NEW STATE-

OF-COLD STORAGE FACILITY LOCATED IN HOUSTON

Ti Cold Development, a nationally rec- scalable, and customizable cold storage
ognized leader in the cold chain indus- solution,” said Rob Adams, Principal at Ti.
try, brings this unique cold storage op- Strategically situated within the mas-
portunity to the Houston market. ter-planned East Hardy Commerce Park,
Upon completion, this facility will this infrastructure-invested location af-
boast nearly 304,000 sq. ft. of storage fords frontage to the Hardy Toll Road
space, over 42,000 pallet positions, a with conveniently situated to I45, Belt-
55-foot-deep refrigerated dock, and way 8 as well as George Bush Intercon-
-10F to 60F, fully convertible refrigerat- tinental Airport.
ed/frozen space. This facility is immedi- over the next 10 years. To make the state- Through Ti’s experience with ad-
ately available to take advantage of both ment that the market demand has out- vanced engineering, planning, better
leasing and build-to-suit opportunities. paced the current supply of state-of-the- design, smarter products, and new tech-
“We are developing this Houston loca- art cold storage infrastructure would be nologies, this facility will not only be in-
tion to serve the needs of a population an understatement, to say the least. Our novative, but more efficient and effective
that has grown exponentially over the goal with this project is to help support in meeting the demands of cold chain
past 10 years and will continue to grow the need by delivering a sustainable, users. Circle 10 on enquiry card

8 Vol. 36 No. 9