Lineage, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- W. Gregory Lehmkuhl
- Full Time Employees
- 26,000
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Address
- 46500 Humboldt Drive Novi MI United States of America 48377
- IPO Date
- Jul 25, 2024
- CIK
- 0001868159
- Website
- onelineage.com
- Similar Companies
- Business
- Lineage, Inc. (LINE) operates as the world's largest global temperature-controlled warehouse real estate investment trust (REIT), providing temperature-controlled warehousing, logistics, and integrated supply chain solutions to food, beverage, and perishable goods producers, retailers, and distributors; its core offerings include cold storage facilities with approximately 88 million square feet and 3.1 billion cubic feet of capacity across over 485 strategically located sites, end-to-end transportation services such as over-the-road trucking, railcar fleets, drayage, freight forwarding, port clearance, and multivendor consolidation via Lineage Velocities, as well as value-added services encompassing automation, data science technologies, and sustainability initiatives to enhance efficiency, reduce waste, and support global food security. The company serves customers in densely populated distribution markets worldwide, primarily handling frozen, chilled, and perishable products through its interconnected network that spans North America, Europe, and Asia-Pacific regions across 18 countries with approximately 26,000 employees. Founded in 2012 through consolidations managed by Bay Grove Capital and headquartered in Novi, Michigan, Lineage focuses on innovative cold chain solutions including proprietary software, clean energy projects, and facility expansions to optimize distribution for Fortune 500 firms and regional producers. Recent developments include its July 2024 initial public offering on Nasdaq, marking a transition from private ownership; the acquisition of Luik Natie Group, a European cold storage and transportation provider, as its first post-IPO deal to bolster international presence; relocation of headquarters to Novi, Michigan; and updated 2025 financial guidance reflecting adjusted EBITDA expectations of $1.290 billion to $1.305 billion amid tariff impacts and occupancy shifts, alongside ongoing investments in automation and greenfield developments.
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