Lineage Logistics in Novi, one of the world’s largest temperature-controlled industrial REIT and logistics solutions provider, today announced it has acquired Mandai Link Logistics, marking the company’s market entry into Singapore. Financial terms of the transaction were not disclosed.
“Mandai established Singapore’s first fully automated cold storage facility and has been long considered a local market leader in the provision of cold storage warehousing and distribution services,” says Jeff Hogarth, president of Asia Pacific at Lineage.
“Tan Seng Eng, CEO of Mandai, is a visionary who made a huge bet by investing early in automation, and we are pleased that she will stay on as an advisor to Lineage.”
Hogarth says expanding Lineage’s footprint in Asia through Singapore as a major trading hub has been a long-term strategic goal for the company.
“Mandai’s facilities, combined with our industry-leading technology and innovations, will assist customers to navigate increasing supply chain demands in Singapore and internationally,” Hograth adds. “We look forward to working closely with Mandai’s customers on these new opportunities.”
Mandai serves as a one-stop hub for refrigerated food distribution in Singapore with a full range of solutions including procurement, transport, and warehousing. It has a fleet of refrigerated trucks and has a facility that can house 28,000 pallets.
Mandai’s main facility is fully automated, has integrated solar power, and has a rainwater collection system for washing its refrigerated trucks. Hogarth says Lineage will continue to expand its Asia Pacific footprint.
It has a global network of over 400 strategically located facilities totaling more than 2 billion cubic feet of capacity spanning 20 countries across North America, Europe, and Asia-Pacific.
For more information, visit www.lineagelogistics.com.