NOVI, MICH. & AMSTERDAM-- January 12, 2022 -- Lineage Logistics, LLC (“Lineage” or the “Company”), one of the world’s leading temperature-controlled industrial REIT and logistics solutions providers, today announced the transition of operations at Kanalholmen 15, a site it acquired in June 2020 and has since leased to a third party, with the acquisition of Agri-Norcold’s business at the site.

The Kanalholmen 15 property totals 22,000 square meters and services a number of customers in the retail and food sector.

“The transition of operations in Hvidovre, with its highly strategic location and rich customer base, is a further testament to our commitment to growth in the Nordic region,” said Harld Peters, Senior Vice President, Europe at Lineage. “We are rapidly scaling our operations in Denmark and the Nordic region as a whole to best serve our customers’ extended supply chains.”

“The Nordics, and Denmark in particular, occupy a central location for food distribution in Lineage’s global network,” said Jesper Toft Mathiasen, Regional Vice President of Lineage’s Nordic Region. “Greater Copenhagen is at the heart of the most densely populated region in Scandinavia, with excellent air, ship and land routes to Europe and the rest of the world. Through operations like those at Avedore, Lineage can effectively serve as a gateway for customers to global markets.”

The Avedore acquisition follows a string of acquisitions in Denmark and Norway. Lineage Logistics entered the Nordic market in 2020 and has since acquired Claus Sørensen, a major cold storage operator in Denmark, Lundsøe Køl & Frys A/S with cold-storage facilities in Northern Jutland and in Aarhus, Super Frost Sjælland ApS, and Coldstar ApS.

In total, Lineage’s Nordic footprint now comprises nearly 1.5 million cubic metres and 304,700 pallet positions across 17 facilities.