Lineage Logistics (“Lineage”), a warehousing and logistics company backed by Bay Grove, announced that it has acquired Columbia Colstor (“Columbia”), a third-party warehousing and logistics company headquartered in Moses Lake, WA. With the acquisition of Columbia, Lineage doubles its leading presence in the Pacific Northwest to eleven locations which increases storage capacity and value-added services for its customers. Lineage’s national footprint now reaches over 600 million cubic feet across 111 facilities in 21 states, representing the second largest refrigerated warehouse network globally based on data from the International Association of Refrigerated Warehouses (“IARW”). Financial terms of the transaction were not disclosed.

        Founded in 1983 by President Don McGraw, Columbia encompasses over 52 million cubic feet of temperature-controlled storage capacity which represents the 11th largest in North America according to IARW. Primarily located in Eastern Washington’s robust agricultural region, Columbia serves customers who are focused on the processing of potatoes, fruits, and other vegetables grown in the Columbia Basin as well as seafood customers near the western Washington and Oregon border.

        “By joining Lineage, we can access a national network of facilities and offer additional logistics solutions that will allow our business and customers alike to continue to thrive,” said McGraw. “We see great alignment between Lineage’s dedication to providing world-class customer service and our own, and I am excited about our future as a part of Lineage.” McGraw will remain active in the combined company as an investor and advisor.

        “Don and his team have demonstrated exceptional leadership, reliability, and focus on service since Columbia’s founding which has resulted in strong, long-standing relationships with its customers,” said Bill Hendricksen, CEO of Lineage. “We look forward to honoring and growing those relationships for many years to come.”

        “The acquisition of Columbia—combined with the imminent Tacoma, WA facility expansion—positions Lineage as the leading cold storage provider in the Pacific Northwest with the best scale, services, and team,” said Kevin Marchetti, Managing Director of Bay Grove.

 

        About Lineage Logistics: Lineage Logistics is one of the largest temperature-controlled warehousing and logistics companies in the world. The company was founded through the combination of premier, temperature-controlled warehousing companies, some of whose roots date back to the early 1900s. Today, all its companies are unified with a shared vision of being the leading national supply chain company serving the nation’s food, retail, agriculture, and distribution companies. (www.lineagelogistics.com)

 

        About Bay Grove: Based in San Francisco, Bay Grove is a principal investment firm dedicated to partnering with strong management teams to invest in and build long-term platform investments. Since 2008, Bay Grove has built Lineage Logistics through acquisitions and investments completed in partnership with entrepreneurs, managers, and employees. The firm has deep experience in the warehousing and logistics industry and also seeks to make investments in other attractive sectors. (www.bay-grove.com)

        About Columbia Colstor: Columbia Colstor is a dynamic, privately-held third-party logistics company with a rich legacy in the cold storage industry. Intimately involved in the cold storage supply chain since founding Columbia in 1983, the McGraw family has been focused on offering comprehensive warehousing solutions to meet the needs of its customers, defining corporate success based on the For Immediate Release.

        内容简译：美国Lineage物流公司在2015年3月份宣布，已收购美国第三方冷链物流公司ColumbiaColstor。随着对ColumbiaColstor的收购，Lineage物流公司在太平洋西北部的服务范围达到11个地区，增加了客户增值服务。通过收购，Lineage物流公司在美国已拥有111个设施。Lineage物流是一家由BayGrove公司投资的美国第三方物流公司，位于华盛顿州东部一个农业区，拥有5200万平方英尺的温控存储设施。通过其网络，ColumbiaColstor为客户运输土豆和水果以及生长在哥伦比亚盆地附近的蔬菜，也可为华盛顿和俄勒冈州西部边境客户运输海鲜产品。ColumbiaColstor董事局主席DonMcGraw称：“通过加入Lineage物流，公司可连通全国的网络设施，提供额外的物流解决方案。”BayGrove公司表示，随着对ColumbiaColstor的收购以及Tacoma设施的拓展完善，Lineage物流将引导冷链存储，在规模、服务、团队等方面都将是西北太平洋地区最好的。

 

        AGRO Merchants Group Acquires Nordic Logistics and Warehousing, LLC in Atlanta, GA

        AGRO Merchants Group announced the addition of Nordic Logistics and Warehousing, LLC, located in Atlanta to its portfolio. The company’s latest partnership with Nordic meaningfully expands its North American footprint and value-added service offerings, and adds Savannah as another key U.S. port of entry/exit for its global customers. The deal will add a total of 12 facilities, 70 million cubic feet of refrigerated and frozen space, and 218,000 pallet positions to the AGRO network – making it the 5th largest global 3rd party temperature-controlled provider.

        Chris Hughes, President of AGRO Merchants North America said, “Nordic is a highly-regarded leading provider of value-added temperature controlled distribution services in the Southeast U.S. They are a company with whom we share a similar strategic vision of planned growth, customer focus, innovative services, and dedicated solutions. Nordic’s customers will greatly benefit from AGRO’s global footprint. This investment is highly strategic for us, as it adds the Port of Savannah to our existing U.S. port trade network of Philadelphia, Oakland, Charleston, and our planned investments in the Gulf Coast and Southern California. Further, it will allow AGRO to leverage Nordic’s existing investments in common back office systems and technology solutions for the benefit of our wider North American operations. We look forward to integrating Nordic’s customers, employees and partners into our network.”

        Don Schoenl, President and CEO of Nordic stated, “We are excited to join the AGRO Merchants family. They understand how important customer relationships are to the business and the time and effort needed to sustain them. AGRO’s global strategy will allow us to expand services and capacity to our customers. Through this partnership, we will continue to offer extensive regional coverage, and continue to aggressively invest in new capabilities and technology.”

        Neal Rider, CEO of AGRO Merchants said, “We welcome Don and the Nordic team to AGRO. Don will further bolster our executive team and will oversee the newly combined North America operations. This will enable us to have Chris focus on the development of our global customer relationships and solutions – which is at the core of our strategy.”

About Nordic Logistics and Warehousing

        Nordic is a multi-region cold chain provider composed of more than 70 million cubic feet of flexible, temperature controlled storage delivering dedicated solutions to the ever-changing needs of customers. Nordic specializes in end-to-end services, including import/export product handling, transportation, temperature-controlled warehousing, blast freezing, and state-of-the-art warehouse management and related technology. The Nordic network currently serves major markets in the Southeast, providing logistics solutions to manufacturers, retailers and food service operators across the region.

        About AGRO Merchants Group

        AGRO Merchants Group owns and operates 49 facilities in 8 countries across the US, Europe, and Latin America, with nearly 700,000 square meters of cold storage. The company is focused on providing innovative cold chain solutions on a global basis by partnering with the highest quality family-operated businesses and creating new, reliable, and integrated trade networks to help its customers grow. AGRO invests in modern assets, industry-leading technologies, and value-added service offerings to ensure the highest quality supply chain management standards in the industry.

        内容简译：AGRO 宣布收购Nordic物流，该交易将为AGRO的网络新增12座冷库,7000万立方英尺的冷藏和冷冻空间,218000托位，使其成为全球第五大第三方温控服务提供者。

AGRO美国北区董事长Chris Hughes表示，"Nodic Logistics是一家在美国东南部提供增值温控服务的备受尊敬的领先供应商，我们在计划增长、关注客户需求、创新服务、以及个性化的解决方案方面有很多共识。"

        Nordic 董事长兼CEO Don Shenoenl称,“我们非常开心加入AGRO大家庭，他们了解客户关系对业务的重要性和维持客户关系所需的时间和精力。AGRO的全球战略将使我们扩大我们的客户服务和能力。通过这次合作,我们将继续提供广泛的地区覆盖,并继续积极投资于新功能和技术。"

        Nordic是一家跨区域的冷链服务商，拥有7000万立方英尺的多温区储存容量。Nordic专注于端到端的服务，目前网络服务于美国东南部的市场，为此区域范围内的制造商、零售商以及食品服务运营商提供物流解决方案。

        AGRO 在美州、欧洲、拉丁美洲的8个国家拥有49座冷库，冷库容量达到近700000平方米。公司专注于在全球范围内与最高质量的家族运营企业合作，提供创新的冷链解决方案，创造新的、可靠的和综合贸易网络,帮助客户成长。

 

        Iowa Cold Storage, LLC announces the acquisition of ICS Logistics, LLC.

        Officials at Iowa Cold Storage, LLC announced the acquisition of ICS Logistics, LLC based in Pleasant Hill, Iowa. “Warehousing and logistics are what we do best” said Gary Jones, Managing Director of Iowa Cold Storage. “Linking both companies together will permit us to offer our customers integrated warehousing and transportation solutions designed to meet individual customer requirements, reduce costs and increase flexibility in dealing with market conditions and delivery requirements,” Jones went on to say.

Chris VanSchapen and Jamey Franzen will serve as Presidents of ICS Logistics and Iowa Cold Storage respectively. “We believe this acquisition will permit the ICS Group to deliver exceptional value for our customers,” said Jones. “Having a strategic warehouse location at the crossroads of America offers us a pronounced opportunity to enhance our warehousing and transportation offerings.”

        About Iowa Cold Storage: Iowa Cold Storage completed a 50,000 square foot addition in January

        bringing its total pallet capacity to 24,500. ICS offers its customers a complete tariff of value added services; which include commodity storage, food service and retail products, order selection, raw-meat boxing, tempering of meat products, and blast freezing. The facility is serviced by both the Union Pacific and Burlington Northern Railroads.

        About ICS Logistics: With over 40-years of continuous operation ICS Logistics LLC is a transportation and brokerage company operating 58 owner operated late model tractor units and 120 refrigerated trailers servicing the lower 48 states and Canada.

        内容简译：Iowa Cold Storage官方宣布收购ICS Logistics，Iowa Cold Storage董事总经理Gary Jones称：‘两家公司合并一起将使我们能够为客户提供集成的仓储和运输解决方案，更加满足客户的需求，降低成本，增加弹性化作业能力，以应对市场环境和配送需求。”Iowa Cold Storage于15年1月份完成了一个50000平方英尺的冷库建设，使得其总存储容量达到24500个托位。