Lineage Logistics Holdings, LLC ("Lineage"), the world’s largest and most innovative provider of temperature-controlled logistics solutions, completed its acquisition of Ontario Refrigerated Services, Inc. (“ORS”), a leading family-operated cold storage company offering temperature-controlled space in the Greater Toronto market, marking Lineage’s entrance into the Canadian market. Lineage partnered on this investment with CapCold Group Inc. ("Capcold"), to pursue the acquisition of North American cold storage companies. CapCold will join the Lineage team as advisors as Lineage works to strengthen its acquisition of ORS and build its Canadian platform. Financial terms of the transaction were not disclosed.
Bennett Jones LLP was Canadian counsel to Lineage with a team including
Gordon Cameron,
Xenia Wong,
James McClary,
Eric Chernin,
Blair Hobkirk,
Suzana Lobo,
Darcy Moch,
Jared Mackey.
Latham & Watkins LLP was U.S. counsel to Lineage with a team including
Jason Silvera,
Jordan Miller,
Alexandra McArthur,
Kathryn Neubauer.
McCarthy Tetrault LLP represented CapCold with a team including
Scott Bergen,
Leah Whitworth,
Isabel Henkelman,
Dana Shen.
Wildeboer Dellelce LLP was counsel to ORS with a team including
Troy Pocaluyko,
Nick Gray,
Niall Sweeney.
Gowling WLG (Canada) LLP was counsel to Farm Credit Canada as lender with a team including
Thomas Subic,
Dom Glavota,
Eric Rockefeller.