The companies did not disclose the transaction’s financial terms.
The addition of the eight cold storage facilities to Lineage’s warehousing network will provide nearly 1.3 million sq. ft. of capacity and approximately 115,000 pallet positions across facilities in Lakeland, Florida; Jacksonville, Florida; McDonough, Georgia; Edmond, Oklahoma; New Castle, Delaware; Waukesha, Wisconsin; and Federalsburg, Maryland.
The transaction represents Lineage’s third proprietary deal with Burris. Lineage acquired its Lyndhurst, Virginia, and Haines City, Florida, locations from Burris in 2020 and 2021, respectively.
“This deal represents the trust we have built and the track record we have delivered across our longstanding relationship with Burris, which is demonstrative of Lineage being the industry’s acquiror of choice,” Greg Lehmkuhl, Lineage president and CEO, said in a news release. “As with our previous acquisitions from Burris, these complementary locations and their supremely dedicated team members will further fuel Lineage’s fierce customer-driven approach and serve our vision to become the world’s most dynamic temperature-controlled logistics company.”
A family-owned business that is nearly 100 years old, Burris has developed relationships with some of the nation’s leading retailers and foodservice companies. The acquired facilities are strategically located in the Eastern and Midwestern United States, near major highways and transportation hubs, and will serve densely populated markets to help Lineage’s direct-to-consumer fulfillment operation reach all 50 states.
Burris’s remaining portfolio will primarily consist of Honor Foods, its foodservice redistribution company, and Trinity Logistics, its freight solutions provider.