Lineage Logistics Raises $1.9 Billion to Fund Investment in Global Network Capacity and Technology
| Lineage Logistics, the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, has raised $1.9 billion in equity from its strategic partners. It is Lineage’s largest funding round since its founding in 2008. Lineage will deploy raised equity to fund global greenfield developments, facility expansions, M&A activity, and technology innovations to turbocharge end-to-end supply chain efficiency for customers. Led by world-class investors, Lineage also continues to fulfill its noteworthy purpose of transforming the food supply chain to eliminate waste and help feed the world – a significant amount of the $1.9 billion raised will be used to double down on new and disruptive technologies to design the temperature-controlled warehouse of the future. Read more here👇👇👇 |
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