Target: Kloosterboer Norway Facility
Seller: Kloosterboer Groep
Buyer Lineage Logistics
Advisory Buy side: Crossminds | M&A advisory
Ro Sommernes | Legal Advisory
Date announced: 2020-12-02

Story:
Lineage Logistics, an American warehousing and logistics company delivering customized cold chain solutions, has acquired the Kloosterboer Norway Facility from Kloosterboer Groep. The Kloosterboer Norway facility totals 17,500 pallet positions and is located outside of Oslo where it serves both food producers and retailers. With this acquisition, Lineage Logistics wants to further serve and reach customers in the Northern European region.

Source Crossminds
Source Mena
Press release Seller
Press release Buyer