Lineage Logistics buys US perishables specialist Preferred Freezer Services

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Private equity-backed food logistics specialist Lineage Logistics is to acquire US perishables warehouse operator Preferred Freezer Services, for an undisclosed amount.

The deal will see Lineage control 1.3bn cu ft of temperature-controlled capacity across more than 200 facilities in North America, Europe and Asia.

“At present, Lineage and Preferred have highly complementary real estate and customer bases, making their combination a strategic expansion into new markets and new service offerings,” a statement said.

“We are thrilled to welcome Preferred into the Lineage family ...