Lineage Logistics Acquires Henningsen Cold Storage
Lineage Logistics, a provider of temperature-controlled logistics solutions, signed a definitive agreement to acquire Hillsboro, Ore.-based Henningsen Cold Storage Co. The acquisition adds to the Novi, Mich.-based company’s U.S. facility network and increases its presence in the Pacific Northwest. Lineage will acquire 14 facilities across Oregon, Washington, Idaho, Pennsylvania, North Dakota and Oklahoma.
The combined company will include more than 1.9 billion ft3 of temperature-controlled capacity in 311 facilities in 11 countries. Henningsen Cold Storage was founded in 1923 and stands today as a fifth-generation family business.