Cold storage real estate investment trust (REIT) Lineage Logistics announced Thursday further expansion of its temperature-controlled supply chain in Europe. The company completed the acquisition of Grupo Fuentes.
Financial terms of the transaction were not provided.
Based in Murcia, Spain, Grupo Fuentes operates a fleet of 500 vehicles, six logistics centers and one warehouse, providing cold storage logistics solutions to its customers. The refrigerated warehouse has 60,000 pallet positions...
https://www.freightwaves.com/news/lineage-logistics-increases-distribution-footprint-in-europe