Lineage Logistics buys third-party logistics firm Consolidated Distribution Corporation
Lineage Logistics has acquired US third-party logistics and re-distribution company, Consolidated Distribution Corporation (CDC).
Terms of the deal have not been disclosed.
Based in Lombard of llinois, CDC is the foodservice supply chain logistics company, as well as an independent multi-concept re-distribution provider in the country.
The firm provides services to the retail and manufacturing industries, in addition to the foodservice franchisors and purchasing cooperatives of the restaurant brands.
With access to multi-temperature warehouses in Illinois, Georgia and Texas, CDC is said to add Lineage’s facility network with around 600 million cubic feet across 113 facilities in 22 states.
According to Lineage Logistics, the company is now second largest refrigerated warehouse network globally based on data from the International Association of Refrigerated Warehouses (IARW).
CDC CEO Mitch Rader said: “In joining Lineage, we gain access to additional capacity and service offerings like transportation, customs brokerage and high pressure processing (HPP) that allow us to diversify the supply chain solutions we can offer customers.
“I am excited about our future as a part of Lineage and the opportunity to further fortify our strategic partnerships with our valued customers.”
Lineage president and CEO Greg Lehmkuhl said: “The vision of Lineage Logistics is to be the world’s most dynamic temperature-controlled logistics company, and welcoming CDC into the organization is an important step toward achieving that vision.”
Lineage Logistics provides temperature-controlled warehousing and logistics services to the food, retail, agriculture and distribution companies.
Image: Lineage Logistics has acquired US firm Consolidated Distribution Corporation. Photo: courtesy of stockimages / FreeDigitalPhotos.net.