Lineage Logistics reported to be pursuing $30B-plus IPO

Capt. John

Temperature-controlled storage and logistics provider Lineage Logistics has been reported to be pursuing a more than $30 billion initial public offering for next year.

Backed by private equity firm Bay Grove, Novi, Michigan-based Lineage is the largest cold storage real estate investment trust in the world. The company has amassed a portfolio of more than 400 facilities and 2.5 billion cubic feet of space across North America, Europe and the Asia-Pacific since 2008.

Lineage provides end-to-end...

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.