Lineage, the world’s largest global temperature-controlled warehouse REIT, has recently announced the successful completion of the acquisition of Eurofrigor – a leading cold storage service provider located in Controguerra, on the central east coast of Italy. The acquisition comes after Lineage’s entry into the Italian market in 2021, and underscores its dedication to its European network and enhances its service offerings.
Eurofrigor operates a facility spanning over 24.000 square meters – an area equivalent to nearly 5 football fields. The facility features services such as storage, tunnel freezing, and comprehensive customs/VAT handling among other value-added services. It currently supports a diverse commodity mix predominantly composed of fish, protein, and vegetables.
“Integrating Eurofrigor into the Lineage network not only expands our footprint in Italy but also strengthens our capabilities and service offerings across Europe. The strategic location aligns with our vision to innovate in the way the world preserves and protects the quality of food.”
Harld Peters, President, Europe, Lineage
The acquisition further demonstrates Lineage’s commitment to supporting global food and retail sectors, leveraging a network that includes more than 480 facilities worldwide.
Lineage, Inc. stands as the world’s largest global temperature-controlle, warehouse Real Estate Investment Trust (REIT), boasting a vast network encompassing over 480 strategically positioned facilities worldwide. With a total footprint exceeding 84.1 million square feet and a capacity of 3.0 billion cubic feet, Lineage plays a crucial role in the food and beverage industry’s supply chain. The company offers comprehensive end-to-end solutions coupled with advanced technology, catering to the needs of major global food and beverage corporations. Lineage’s mission extends beyond logistics; it aims to enhance distribution efficiency, promote sustainability, and reduce supply chain waste. By facilitating efficient and reliable food distribution, Lineage plays a pivotal role in ensuring global food security. Through innovation and strategic partnerships, Lineage continues to shape the future of temperature-controlled warehousing, driving advancements that support the sustainable and efficient distribution of essential food products worldwide.