© 2020 Lineage is your creative, forward-thinking partner in processing your product, packaging your product and even improving your product’s quality.When you’re the new guy in the room, it’s rare to really feel like you’re really a part of the team. Whatever the move, whatever the mode, you can rely on Lineage to get your products where they NOVI, MI – November 12, 2018 - Lineage Logistics Holdings, LLC (“Lineage” or the “Company”), the world’s most innovative and trusted provider of temperature-controlled supply chain solutions, today announced it has acquired Yearsley Group Limited (“Yearsley”), a leading temperature-controlled logistics service provider and frozen food distributor in the UK.
Whether you are looking to find a facility, transport your food anywhere or completely reimagine your entire cold-storage supply chain, we can help. “Together, we are unquestionably the highest-caliber team in the cold storage space, and we are best positioned to creatively solve our customers’ most complex logistics needs.”In its 66-year history, Yearsley has grown to become one of the most respected temperature-controlled logistics providers in the UK, operating a network of 12 cold stores nationwide. Also included in the transaction is Yearsley Food, a national frozen food supplier that supports customers across retail, food service, food manufacturing and export channels.Since its founding in 2008, Lineage has evolved through both acquisitions and organic growth. By joining the team, you can begin a career that helps both you and Lineage grow.Lineage team members work every day to connect people to food. Food, Group, Logistics, News As of November 12, 2018, the Yearsley Group has joined the Lineage Logistics family of companies. With over 300 vehicles, Yearsley complements its cold storage solutions with high-impact, value-added transportation services, following a similar model to Lineage’s US-based operations. © 2020 Bringing Yearsley into the Lineage family enables us to better serve customers in the UK market and further reinforces our international logistics capabilities,” said Greg Lehmkuhl, President and Chief Executive Officer of Lineage Logistics.“Our acquisition by Lineage is a tremendous opportunity for Yearsley customers and employees alike,” said Jonathan Baker, Chief Executive of Yearsley Group. Charges for LINEAGE UK WAREHOUSING LIMITED (00556895) More for LINEAGE UK WAREHOUSING LIMITED (00556895) Registered office address Hareshill Road, Heywood, Lancashire, OL10 2TP . We are Lineage, and we are reimagining the journey of food.Every day, Lineage team members make a tangible impact on how we feed the world. need to be safely, efficiently and on time. Whether you are looking to find a facility, transport your food anywhere or completely reimagine your entire cold-storage supply chain, we can help. Lineage Logistics is an international warehousing and logistics company owned by Bay Grove, LLC. But from my first day at Lineage, that’s exactly how I felt. As the world's largest refrigerated warehousing company it has around 200 facilities in North America, Europe, and Asia. Lineage Logistics is the industry’s leading innovator in temperature-controlled supply chain and logistics. Now we’re partnering with hunger relief organizations around the globe to have an even bigger impact in our communities in this time of need.Our global network of cold storage facilities helps customers ranging from Fortune 500 companies to family-owned businesses increase the efficiency and protect the integrity of their temperature-controlled supply chains.We have welcomed some of the world’s most prestigious and respected cold storage companies into the Lineage family.
Financial terms of the transaction were not disclosed.“Yearsley has demonstrated a strong commitment to developing longstanding, bespoke customer relationships that is consistent with how we do business at Lineage. NOVI, MI – November 12, 2018 - Lineage Logistics Holdings, LLC (“Lineage” or the “Company”), the world’s most innovative and trusted provider of temperature-controlled supply chain solutions, today announced it has acquired Yearsley Group Limited (“Yearsley”), a leading temperature-controlled logistics service provider and frozen food distributor in the UK. Accounts. The backbone and core strength of Lineage Logistics is our network of sophisticated, strategically located cold storage facilities. KPMG Corporate Finance acted as financial advisor and Gateley plc acted as legal counsel to Yearsley Group. The Lineage Legacy We have welcomed some of the world’s most prestigious and respected cold storage companies into the Lineage family. We are transforming the supply chain by preserving, protecting, and optimizing the distribution of food around the world – in a way that hasn’t been done before. The Company’s acquisition of Yearsley builds on the success of its first international acquisition in 2017 in which Lineage acquired Partner Logistics, a leading automated cold storage provider in Europe.Rabobank acted as lead financial advisor, Houlihan Lokey acted as financial advisor and Latham & Watkins LLP acted as legal counsel to Lineage Logistics. We did.