Bay Grove Capital forms Lineage Logistics

San Francisco, CA, US: Investment firm Bay Grove Capital has formed Lineage Logistics, the new name for the consolidated warehousing and logistics company combining each of the businesses acquired by Bay Grove: Richmond Cold Storage, Terminal Freezers, Flint River Services, CityIce, and Seafreeze, as well as other individual locations.

Lineage offers cold chain solutions for customers with complex storage and service requirements. It has 40 facilities with  3.7m cubic metres of storage and is the fifth largest facility network in North America based on data from the International Association of Refrigerated Warehouses.

“The launch of Lineage joins great companies under a single banner and establishes an even more dynamic company for the future,” said Kevin Marchetti, managing director of Bay Grove. “We are at the beginning of the Lineage story and we will continue to grow and evolve.”

“Lineage is built on what it means to be family-owned,” said Tim Dayton, West Coast President of Lineage. “We are devoted, have pride of ownership and have a singular focus on doing the best for our customers.”

“Our entire team is excited to unite as Lineage,” said Mike McClendon, East Coast President of Lineage. “We look forward to further strengthening our culture of success and core values regardless of our reach.”

Lineage Logistics Lineage was founded in 2011 through the combination of five premier, temperature-controlled warehousing companies, some of whose roots date back to the early 1900s. Today, all these companies are unified with a shared vision of being the premier national supply chain logistics company. Lineage is continually seeking ways to expand its platform for customers by adding new services and facilities.

Grove Capital Bay Grove is a principal investment firm dedicated to partnering with strong management teams to invest in growing, cash-flow positive businesses. Bay Grove has deep experience in the warehousing and logistics industries and also seeks to make long-term investments in other attractive sectors.

WORLD NEWS

Arla gets keys to sustainable transport

Gothenburg, Sweden: Arla has taken a step further towards a fossil-free future with Scania’s symbolic handover of vehicle keys to signify a deal to provide …

READ THE FULL STORY >

Carrier Transicold unveils new Vector fridge

Rueil-Malmaison, France: Carrier Transicold Europe launched its next generation temperature-controlled trailer system – the Vector HE 19 (High Efficiency) at the IAA Commercial Vehicle show. …

READ THE FULL STORY >

Associated Wholesale Grocers uses Orbcomm reefer monitoring

Rochelle Park, New Jersey, USA: Associated Wholesale Grocers is monitoring its refrigerated and dry trailer fleet with with Orbcomm hardware and cloud-based analytics platform. Associated …

READ THE FULL STORY >

European truck sales rise

Brussels, Belgium: Commercial vehicle registrations in the main European markets rose 7.3% in August, continuing a trends throughout the summer, according to the European Automobile …

READ THE FULL STORY >

WHAT’S ON

Latest Tweets

SOR trailers for Culina: bit.ly/2C4jKxb

© 2018 Global Cold Chain News | Terms of use | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 6 Corunna Court, Corunna Road, Warwick CV34 5HQ