Lineage Logistics closes on VersaCold Logistics Services acquisition

Novi, Michigan, US: Lineage Logistics has finalised the acquisition of Canadian business VersaCold Logistics Services.

The acquisition was first announced in April.

VersaCold operates 24 temperature-controlled sites with 114 million cubic feet of capacity in Canada. It covers Canada’s most populous metropolitan markets including Toronto, Calgary, Vancouver, Edmonton and Montreal.

“Welcoming VersaCold into the One Lineage family extends our company’s reach in Canada and creates exciting opportunities to provide more efficient cross-border solutions for customers in North America and beyond,” said Greg Lehmkuhl, chief executive, Lineage Logistics.