One of the major family-owned companies in Michigan’s Great Southwest is poised for industry consolidation that will make it a part of the largest player in its business segment–cold storage. The announcement spells out the future for what’s been known in recent years as Hanson Logistics, but whose roots in Southwest Michigan go back decades.
Lineage Logistics, LLC (“Lineage”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, has announced it has acquired Hanson Logistics (“Hanson”), one of the most respected cold storage organizations in the Midwest. Hanson currently ranks as the twelfth largest temperature-controlled warehousing and logistics provider in North America, according to the International Association of Refrigerated Warehousing (IARW).
Founded in 1954, Hanson’s network includes seven distribution facilities spanning over 46 million cubic feet of capacity across Michigan and Indiana, which are strategically located to reach over 60% of the U.S. population. Their integrated business segments in warehousing and transportation solutions along with Hanson’s frozen food consolidation program, Velocities, provide customers with a full suite of services at every step of the supply chain.
“Hanson Logistics is another great example of a family-owned business that has served its customers with excellence for generations. Now, they’re joining the Lineage family of companies to help accelerate their growth and customers’ reach,” said Greg Lehmkuhl, President and CEO of Lineage. “Their dedicated, customer-focused team also represents an awesome cultural alignment with our own, and we are thrilled to welcome them to the One Lineage family.”
“For decades, we have worked to build the best possible supply chain logistics program in order to support our customers through every step of the food supply chain,” said Ken Whah, President and CEO of Hanson Logistics. “In joining the Lineage family, we are better positioned than ever to continue serving not only mid-market food processors but also large global customers. We couldn’t be more excited for this next chapter of growth, and I am confident our strong cultural fit will only enhance our team members’ ability to make a difference every day.”
The acquisition of Hanson follows Lineage’s announcement of five other North American acquisitions earlier this year. The Company has since welcomed two additional cold storage providers to strengthen its domestic operations, including:
- Marc Villeneuve, a direct-to-store distribution service in Montreal
- Orefield Cold Storage, comprised of three locations in Eastern Pennsylvania
In total, Lineage’s North American facility network consists of more than 250 facilities in 35 states and two Canadian provinces spanning over 1.7 billion cubic feet of temperature-controlled capacity.
About Lineage Logistics
Lineage Logistics is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 350 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 15 countries across North America, Europe, Asia-Pacific, and South America. Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivaled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com)