Lineage Logistics Closes Acquisition of Emergent Cold, Solidifying Presence in Asia-Pacific Region
Refrigerated warehousing and logistics giant Lineage Logistics confirmed on Tuesday that they have closed their acquisition of Emergent Cold, an acquisition that they first announced in November 2019.
Emergent Cold, which was founded in 2017 by Elliott Management and Neal Rider, quickly became a market leader in Australia with a temperature-controlled storage network capacity for more than 300,000 pallets in over 75 million cubic feet. Besides Australia, Emergent Cold also developed additional markets in New Zealand, Sri Lanka and...
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