Lineage Logistics LLC announced it has acquired Kantaro SRL, a cold chain warehousing provider in Italy, from Interporto Rivalta Scrivia. The acquisition includes three warehouses in Nocetolo, in the middle of Italy’s key food province of Reggio Emilia between Parma and Bologna – all a few kilometres from Italy’s main national highway.
The acquisition marks Lineage’s presence in the Italian cold storage market, complementing the Company’s existing European footprint which currently covers Spain, France, Belgium, the Netherlands, Germany, Denmark, Norway, Poland and the UK.
Kantaro’s three warehouses are located on a plot covering more than ten hectares, with the possibility to expand on another nine hectares, providing a mix of frozen, cold and dry storage. Currently, it principally provides cold-storage warehousing for supermarket retail and ice cream customers.
“Italy is a key food production and distribution market, and our expansion into the country marks another important milestone for Lineage. With the acquisition of Kantaro SRL, we can better serve our customers and provide future opportunities for strengthening our network across Europe,” said Harld Peters, Senior Vice President for Europe at Lineage.
“I strongly believe that further expanding the temperature-controlled warehousing market will bring numerous opportunities for Lineage in Italy,” said Bodart Andreas CEO Interporto Rivalta Scrivia. “Their commitment to innovation and sustainability is second to none, it makes Lineage exceed customer expectations and make a global impact.”
With its entry into the Italian market, Lineage owns and operates in 19 countries across North America, Europe, Asia, Australia and New Zealand.
