Lineage Bolsters Strategic Footprint in Canada with Acquisitions and Expansions

NOVI, Mich. – Lineage, Inc. (NASDAQ: LINE) (the “Company” or “Lineage”), the world’s largest global temperature-controlled warehouse REIT, today announced it has completed acquisitions of two cold storage facilities in Sainte-Brigide-d'Iberville, Quebec from Entrepôt Congelé 10/35 (“EC”) and its affiliates. Lineage has also acquired a separate cold storage facility in the growing city of Laval, Quebec. Both acquisitions are strategically located near Montreal and expand Lineage’s footprint in Canada, a critical hub for the North American food supply chain.

The three newly acquired freezer facilities further bolster Lineage’s Canadian presence, which now spans more than 30 cold storage facilities. The additional capacity, paired with the strategic positioning of Lineage’s facilities and transportation network, strengthens the Company’s ability to help meet strong demand for temperature-controlled warehousing and end-to-end logistics solutions in the Canadian market.

In addition, Lineage is also expanding three of its existing sites in Canada. The Company held a groundbreaking ceremony on May 27 to mark the expansion of its Côte de Liesse facility in Montreal, which is ideally positioned for serving customer needs in Quebec and Atlantic Canada. Additional expansion projects are currently underway at Lineage’s Foothills location in Calgary, Alberta and its location in Vaughan, Ontario. The Foothills facility project includes an expected 1,500 pallet positions for blast freezing, a critical feature for the export of products like proteins. The Vaughan expansion will serve to meet additional demand in the highly populated Toronto market.

“Canada plays a vital role for food logistics in North America and globally. Our facilities are strategically situated near vital infrastructure that keeps goods moving – whether that’s down the road, across the border or beyond,” said Matt Cramer, President, North America East at Lineage. “Through our recent acquisitions and ongoing investments in our existing facilities, we continue to expand our footprint to meet the needs of our customers, aiming to be a trusted partner capable of handling their most complex supply chain challenges with our global facility network and wide range of services.”

The acquisitions and facility expansions, once completed, are expected to add a total of more than 13 million cubic feet and 68,335 pallet positions to Lineage’s Canadian footprint by mid-2026.

To learn more about Lineage’s growing network in Canada and globally, visit onelineage.com.

*Photos of Cote de Liesse groundbreaking courtesy of Frare Gallant Construction

About Lineage
Lineage, Inc. (NASDAQ: LINE) is the world’s largest global temperature-controlled warehouse REIT with a network of over 485 strategically located facilities totaling approximately 86 million square feet and approximately 3.1 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling end-to-end supply chain solutions and technology, Lineage partners with some of the world’s largest food and beverage producers, retailers, and distributors to help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, feed the world. Learn more at onelineage.com and join us on LinkedIn, Facebook, Instagram, and X.

Forward Looking Statements
Certain statements contained in this press release may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Lineage intends for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in those acts. Such forward-looking statements can generally be identified by Lineage’s use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” “seek,” “objective,” “goal,” “strategy,” “plan,” “focus,” “priority,” “should,” “could,” “potential,” “possible,” “look forward,” “optimistic,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to certain risks and uncertainties, including known and unknown risks, which could cause actual results to differ materially from those projected or anticipated. Therefore, such statements are not intended to be a guarantee of Lineage’s performance in future periods. Except as required by law, Lineage does not undertake any obligation to update or revise any forward-looking statements contained in this release.

Media Contact
Christina Wiese
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