Lineage, the world’s largest temperature-controlled warehouse real estate investment trust has acquired Western Australian cold storage company Fremantle City Coldstores (FCC).
Lineage controls a network of over 480 facilities totalling over three billion cubic feet of capacity across its Asia Pacific, North America and Europe operations, and partners with food and beverage producers, retailers and distributors to ensure efficiency in the cold storage supply chain.
Fremantle City Coldstores primarily services meat and seafood customers, and features six blast cells with almost 250,000 kilograms of blast freezing capacity.
The acquisition takes Lineage’s presence in Australia to 15 facilities. Lineage President for Asia Pacific Brooke Miller says continuing to grow the company’s presence in Western Australia is a key component of its Asia-Pacific strategic growth plan.
“With just under 42,0000 cubic metres of space and more than 8000 pallet positions, FCC will strengthen our cold storage network in Western Australia, alongside our other operating facility in Perth,” Miller says.
The FCC facility is located less than 10 kilometres from Fremantle Port.
“FCC will play a vital role in offering our customers best-in-class service and solutions,” Lineage Regional Vice President for Australia Morris Guest says.
“We are looking forward to serving our customers through this facility and are proud to welcome FCC’s employees into the Lineage Asia Pacific team.”
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