Lineage Logistics says it plans to acquire the cold storage division of Claus Sørensen Group, a cold storage operator in Denmark.
Founded in 1926, Claus Sørensen is headquartered in Esbjerg, Denmark, and operates nine cold storage facilities that are located near major fishing ports and food production facilities. The total capacity of Claus Sørensen’s facility network exceeds 800,000 cubic meters, with a freezing capacity of approximately 1,800 tonnes (1,984 U.S. tons) per day, Lineage said.
“At Lineage, we actively look for opportunities to strengthen our leading facility network and deliver strategic value to our customers by connecting more dots within their supply chains,” said Greg Lehmkuhl, president and CEO of Lineage. “Our acquisition of Claus Sørensen will amplify our reach in the Nordic region and will add a highly capable team to our European organization.”
Claus Sørensen’s Jesper Toft Mathiasen said Lineage’s dedication to innovation and service aligns with Claus Sørensen’s commitment to partnering with customers.
“We are excited to join a company that shares our same values and to join forces with Lineage’s team in the region to innovate for our customers and to help them grow their businesses,” he said.
Added Mike McClendon, president of international operations and executive vice president of network optimization at Lineage: “Like many companies that have joined Lineage, Claus Sørensen is a family owned and operated company with a long legacy and strong entrepreneurial culture. We are very excited to partner with Jesper and the team at Claus Sørensen cold storage, and I am confident in our combined teams’ ability to succeed on behalf of our customers.”
The acquisition comes on the heels of Lineage’s recent acquisition of the Kloosterboer Group and contributes to the strategic expansion of Lineage’s facility network across Europe. Lineage’s global footprint currently spans more than 2.1 billion cubic feet of temperature-controlled capacity in 15 countries across North America, Europe, Asia-Pacific, and South America.
