Lineage Acquisition of Quebec Cold Storage Facilities

Deal value: $82,000,000

Acquisition of two freezer facilities in Sainte-Brigide-d'Iberville and one in Laval, Quebec, expanding Lineage’s Canadian footprint near Montreal.

Lineage’s acquisition of three Quebec cold storage facilities is driven by the strategic need to expand its Canadian footprint, particularly near Montreal—a critical hub for North American food logistics. The investment responds to rising demand for temperature-controlled warehousing and end-to-end logistics solutions, reflecting a belief in continued growth of food supply chain complexity and cross-border trade. The timing aligns with broader network optimization and expansion projects to capture market share and serve evolving customer needs.