Lineage Logistics Acquires Emergent Cold

The combined company will expand on the largest temperature-controlled facility network globally, with over 1.9 billion cubic feet and 53 million square feet of capacity across more than 300 facilities spanning 12 countries across North America, South America, Europe, Asia, Australia and New Zealand.

The newly constructed distribution centers that form part of the portfolio are located in Dallas-Fort Worth and in Piura, Peru, as well as New Orleans Cold Storage and its four US facilities, in New Orleans, Houston and Charleston.

“Welcoming Emergent Cold and New Orleans Cold Storage to the Lineage family provides a dramatically expanded footprint of facilities in the Asia-Pacific region and further connects our customers’ global supply chains through one network as a result,” Mike McClendon, Lineage’s president of international operations and executive vice president of network optimization.

“With many of the acquired facilities located in key domestic and international ports, we are better positioned than ever to more efficiently serve our customers in nearly every corner of the world,” he added.

The close of Lineage’s acquisition of Emergent Cold follows the announcement in May of the company’s acquisition of foodservice distributor Maines Paper & Food Service, and an agreement in the same month to acquire Henningsen Cold Storage.

Latham & Watkins served as legal advisor to Bay Grove and Lineage in the acquisition of Emergent Cold, with the latter company counseled by Debevoise & Plimpton.

Peruvian law firm Hernández & Cía acted as legal counsel to Lineage Logistics Holdings with a team led by partners José Antonio Abastos and Sandro Cogorno, assisted by senior associate Gloria Zubizarreta.