Bay Grove Capital
into Lineage Logistics
Apr 25, 2012 10:45 AM
Bay Grove Capital LLC, a principal investment firm based in San Francisco CA, has announced the formation of Lineage Logistics.
Lineage is the new name for the consolidated warehousing and logistics company combining each of the businesses acquired by Bay Grove: Richmond Cold Storage, Terminal Freezers, Flint River Services, CityIce, and Seafreeze, as well as other individual locations. The company offers a wide footprint and a range of sophisticated, customized, and dependable cold chain systems for customers with complex storage and service requirements.
Featuring about 130 million cubic feet, Lineage operates the fifth-largest facility network in North America based on data from the International Association of Refrigerated Warehouses (IARW).
With more than 40 facilities across eight states, Lineage provides temperature-controlled systems in strategic locations for distribution, food harvest/production, and import/export customers. The company has expertise in diverse commodities, and its port-centric warehouses in Savannah GA, Seattle WA, and Norfolk VA provide access to global markets. Additional capabilities include on-site food processing support, dedicated warehouse management, transportation, and logistics consulting services.
“The launch of Lineage joins great companies under a single banner and establishes an even more dynamic company for the future,” said Kevin Marchetti, managing director of Bay Grove. “We are at the beginning of the Lineage story, and we will continue to grow and evolve.”
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