Lineage Announces Acquisition of Hanson Logistics
August 04, 2021
Hanson Logistics is one of the largest cold storage providers in the Midwest
Acquisition includes a network of facilities strategically positioned to reach over 60% of the U.S. population
The acquisition of Hanson Logistics is announced alongside two additional North American transactions to strengthen its domestic operations
Novi, MI – Lineage, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it has acquired Hanson Logistics (“Hanson”), one of the most respected cold storage organizations in the Midwest. Hanson currently ranks as the twelfth largest temperature-controlled warehousing and logistics provider in North America, according to the International Association of Refrigerated Warehousing (IARW).
Founded in 1954, Hanson’s network includes seven distribution facilities spanning over 46 million cubic feet of capacity across Michigan and Indiana, which are strategically located to reach over 60% of the U.S. population. Their integrated business segments in warehousing and transportation solutions along with Hanson’s frozen food consolidation program, Velocities, provides customers with a full suite of services at every step of the supply chain.
“Hanson Logistics is another great example of a family-owned business that has served its customers with excellence for generations. Now, they’re joining the Lineage family of companies to help accelerate their growth and customers’ reach,” said Greg Lehmkuhl, President and CEO of Lineage. “Their dedicated, customer-focused team also represents an awesome cultural alignment with our own, and we are thrilled to welcome them to the One Lineage family.”
“For decades, we have worked to build the best possible supply chain logistics program in order to support our customers through every step of the food supply chain,” said Ken Whah, President and CEO of Hanson Logistics. “In joining the Lineage family, we are better positioned than ever to continue serving not only mid-market food processors but also large global customers. We couldn’t be more excited for this next chapter of growth, and I am confident our strong cultural fit will only enhance our team members’ ability to make a difference every day.”
The acquisition of Hanson follows Lineage’s announcement of five other North American acquisitions earlier this year. The Company has since welcomed two additional cold storage providers to strengthen its domestic operations, including:
- Marc Villeneuve, a direct-to-store distribution service in Montreal
- Orefield Cold Storage, comprised of three locations in Eastern Pennsylvania
In total, Lineage’s North American facility network consists of more than 250 facilities in 35 states and two Canadian provinces spanning over 1.7 billion cubic feet of temperature-controlled capacity.
Lineage is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 350 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 15 countries across North America, Europe, Asia-Pacific, and South America. Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivaled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com)