Lineage, a temperature-controlled warehouse Real Estate Investment Trust (REIT), has officially announced its acquisition of Fremantle City Coldstores, a cold-storage company located in Fremantle, Western Australia. This strategic move further solidifies Lineage’s presence in the Australian and Asia-Pacific markets.
Brooke Miller, Lineage’s President for Asia Pacific, emphasized the continued growth in the cold storage industry in Western Australia, highlighting the state as a key component of the company’s long-term strategic growth plan. With Fremantle City Coldstores offering just under 42,000 cubic meters of space and more than 8,000 pallet positions, Lineage’s cold storage network in Western Australia is significantly strengthened, complementing their existing facility in Perth.
Morris Guest, Lineage’s Regional Vice President for Australia, pointed out the strategic advantage of Fremantle City Coldstores’ proximity to Fremantle Port, the largest general cargo hub in Western Australia. With the new facility located less than 10km from the port, Lineage is well-positioned to provide customers with top-notch service and solutions. Guest expressed excitement about serving customers through the new facility and welcomed FCC’s employees into the Lineage Asia-Pacific team.
Fremantle City Coldstores, equipped with rooftop solar capacity, primarily serves meat and seafood customers and boasts six blast cells with nearly 250,000 kilograms of blast freezing capacity. This acquisition expands Lineage’s footprint in Australia, bringing their total number of facilities in the country to 15.
The acquisition of Fremantle City Coldstores aligns with Lineage’s commitment to providing innovative and efficient cold storage solutions to meet the evolving needs of their customers in the region. By strategically expanding their network of facilities, Lineage aims to enhance their service offerings and strengthen their position as a leader in the temperature-controlled warehouse industry.
For more information on Lineage’s acquisition of Fremantle City Coldstores, please visit Lineage’s official website at https://www.onelineage.com/news-stories/lineage-western-australia-acquisition-fremantle-city.
In conclusion, Lineage’s acquisition of Fremantle City Coldstores signifies a significant milestone in the company’s growth strategy for Australia and the Asia-Pacific region. With a focus on providing best-in-class service and solutions to customers, Lineage continues to expand its presence in the cold storage industry, solidifying its position as a premier provider of temperature-controlled warehouse solutions.