Novi, Michigan, USA: Lineage Logistics has expanded in Europe acquiring Pago; Poland’s largest cold storage and logistics provider.
The move marks Lineage’s entry into the Polish market and adds six warehouses assets to Lineage’s network of temperature-controlled sites. The combined company will have over 1.9 billion cubic feet of temperature-controlled capacity across more than 330 sites in 15 countries.
“We are excited to enter Poland by acquiring Pago, which is known for its dedicated team members, the most modern network in its market and an entrepreneurial culture with roots as a family business – just like so many of the organizations we’ve embraced as part of our ‘One Lineage’ family,” said Mike McClendon, Lineage’s president of international operations.
“The acquisition also expands the Lineage footprint to an increasingly important market for our customers and a region where we see opportunities to add capacity and implement new, innovative customer solutions.”
“We are very pleased to partner with the current Pago leadership, who have helmed the organization since 2006 based on an ethos of reliability, quality and commitment to the customer while growing it to become the largest and most modern cold storage company in Poland,” said Adam Forste, co-executive chairman of Lineage and co-Founder and managing partner of Bay Grove.