Lineage Logistics – the world’s largest temperature-controlled industrial REIT and logistics solutions provider—has acquired Quebec-based Marc Villeneuve Inc.
The acquisition marks an additional entry into the Canadian market after Lineage first joined the region in July of 2020 with the acquisition of Ontario Refrigerated Services. When the acquisition closes, Lineage will employee a total of 150 people in Canada.
Located in a suburb of Montreal, Marc Villeneuve Inc. is a cold storage distribution service that most notably distributes ice cream products for Canada’s oldest family-owned ice cream company, Chapman’s. The Montreal facility is newly built, energy efficient and offers a safe and environmentally friendly CO2-based refrigeration system, which aligns with Lineage’s purpose to transform the food supply chain while eliminating waste.
As a result of the acquisition, Lineage will now have a direct-to-store distribution service in Quebec and will add 6,800 additional pallet positions to its global footprint.