Lineage Logistics, a provider of temperature-controlled logistics solutions, announced it has signed a definitive agreement to acquire Ontario Refrigerated Services, a family-operated cold storage company offering temperature-controlled space in the Greater Toronto market, marking Lineage’s entrance into the Canadian market.
Established in 2003 by Founder and President Roger Kropf and Controller and CGA Accountant Kate Kropf, ORS is a cold storage partner with its long-tenured customer relationships and wholly-owned facilities located near customers’ production facilities. The acquisition of ORS includes four young and modern facilities within 150 km of Toronto that collectively offer 510,000 square feet and 100,000 pallet positions of refrigerated capacity.
“We are thrilled to expand our industry-leading, global network into the Canadian market and can think of no better group with whom to begin this journey than the ORS team,” said Greg Lehmkuhl, President and Chief Executive Officer of Lineage. “The Ontario market is a cornerstone of the Canadian economy, making this the natural place for Lineage to launch our broader Canadian market platform. Further, ORS’s entrepreneurial spirit and local roots are a great fit with the Lineage culture. We’re excited to have this starting point to expand further in Canada.”
“Kate and I are pleased to congratulate Lineage on the acquisition of Ontario Refrigerated Services, Inc.,” said Roger Kropf, Founder and President at ORS. “The support of our customers and team have contributed to our rapid growth and success for the past 17 years, and I believe Lineage and CapCold are the right partners to take ORS into the future.“
About Lineage Logistics
Lineage is the world’s largest and most innovative provider of temperature-controlled logistics solutions. Lineage’s expertise in end-to-end logistical solutions, its unrivaled real estate network, and its use of technology combine to promote food safety, increase distribution efficiency, advance sustainability, lessen environmental impact, and minimize supply chain waste. As a result, Lineage helps customers ranging from Fortune 500 companies to small family-owned businesses increase the efficiency and protect the integrity of their temperature-controlled supply chain. In recognition of the company’s leading innovations, Lineage was recognized as the No 1. Data Science company on Fast Company’s Annual list of The World’s Most Innovative Companies in 2019, in addition to ranking 23rd overall in an evaluation of thousands of companies worldwide.
