Lineage Logistics Acquires Consolidated Distribution Corporation
Posted in Acquisitions
Irvine, CA, August 18, 2016 - Lineage Logistics, LLC ("Lineage"), a warehousing and logistics company backed by Bay Grove, announced today that it has acquired Consolidated Distribution Corporation (“CDC”), a third-party logistics and re-distribution company headquartered in Lombard, Illinois. With the acquisition of CDC, Lineage becomes the largest customized re-distribution network in the U.S. Financial terms of the transaction were not disclosed.
Founded in 1990, CDC is a leading foodservice supply chain logistics company and the largest independent multi-concept re-distribution provider in the nation. Its robust re-distribution operation serves the retail and manufacturing industries, as well as the foodservice franchisors and purchasing cooperatives of the nation’s most recognizable restaurant brands. With access to multi-temperature warehouses in Illinois, Georgia and Texas, CDC also adds to Lineage’s facility network of over 600 million cubic feet across 113 facilities in 22 states, which represents the second largest refrigerated warehouse network globally based on data from the International Association of Refrigerated Warehouses (“IARW”).
“In joining Lineage, we gain access to additional capacity and service offerings like transportation, customs brokerage and High Pressure Processing (HPP) that allow us to diversify the supply chain solutions we can offer customers,” said Mitch Rader, CEO of CDC. “I am excited about our future as a part of Lineage and the opportunity to further fortify our strategic partnerships with our valued customers.”
“The vision of Lineage Logistics is to be the world’s most dynamic temperature-controlled logistics company, and welcoming CDC into the organization is an important step toward achieving that vision,” said Greg Lehmkuhl, Lineage’s President & CEO. “CDC’s re-distribution operation is a fantastic complement to our business. We are pleased to dramatically expand our re-distribution offering and help our combined customers with maximizing their total supply chains.”