Comment / Under the radar: $1.7bn for Lineage Logistics – getting at it again

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The turn of the year has brought with it another massive tranche of fresh equity for US food supply chain specialist Lineage Logistics.

It announced in early January that it had raised $1.7bn “in equity from new and existing strategic partners”, adding to the $1.9bn it raised in March last year, and bringing total funds raised since the beginning of 2020 to nearly $6bn.

First off, this points to deployment of new funds at the speed of light, which is seldom easy ...