Lineage Acquisition of Tyson Foods Cold Storage Warehouses

Deal value: $247,000,000

Acquisition of four existing cold storage warehouses and related assets from Tyson Foods, totaling approximately 49 million cubic feet and 160,000 pallet positions, located in Pottsville, PA; Olathe, KS; Rochelle, IL; and Tolleson, AZ.

The core motivation is to expand Lineage’s leadership in temperature-controlled logistics by acquiring strategic cold storage assets from Tyson Foods, capitalizing on rising demand for efficient, automated food supply chains. The deal leverages Lineage’s automation and data science capabilities to support Tyson’s shift toward a more integrated, resilient, and scalable distribution network. The timing reflects heightened industry focus on supply chain reliability, automation, and the need for flexible, multi-client cold storage solutions amid evolving consumer and regulatory pressures.