• Latest
  • Trending
Lineage Logistics Announces Acquisition of Spanish Transport and Cold-Store Operator Grupo Fuentes

Lineage Logistics Announces Acquisition of Spanish Transport and Cold-Store Operator Grupo Fuentes

August 9, 2022
Why Are Onion Prices Soaring in Bangladesh Despite Peak Harvest? Farmers, Traders, and Market Dynamics Explained

Why Are Onion Prices Soaring in Bangladesh Despite Peak Harvest? Farmers, Traders, and Market Dynamics Explained

June 3, 2025
Almería Dominates Global Pepper Exports: Outshines Netherlands, Morocco, and Turkey in 2024

Almería Dominates Global Pepper Exports: Outshines Netherlands, Morocco, and Turkey in 2024

June 2, 2025
Austrian Carrot Market Update: Early Harvest Insights and Pricing Trends for 2024

Austrian Carrot Market Update: Early Harvest Insights and Pricing Trends for 2024

June 2, 2025
Austrian Onion Market Update: Final 2024 Yellow Onions Sold Out – What’s Next for Farmers and Buyers?

Austrian Onion Market Update: Final 2024 Yellow Onions Sold Out – What’s Next for Farmers and Buyers?

June 2, 2025
Starch Potato Prices Rise in 2024: What Farmers and Agronomists Need to Know

Starch Potato Prices Rise in 2024: What Farmers and Agronomists Need to Know

June 1, 2025
Iceberg Lettuce Glut: Challenges and Opportunities for Farmers and Markets

Iceberg Lettuce Glut: Challenges and Opportunities for Farmers and Markets

June 1, 2025
Title: “Market Volatility in European Produce: How Quality and Supply Shifts Are Reshaping Prices”

Title: “Market Volatility in European Produce: How Quality and Supply Shifts Are Reshaping Prices”

May 31, 2025
Spain Dominates Global Cucumber Exports in 2024: A Deep Dive into the Data

Spain Dominates Global Cucumber Exports in 2024: A Deep Dive into the Data

May 31, 2025
High-Residue Cover Cropping: A Viable Alternative to Plastic Mulch for Organic Vegetable Growers?

High-Residue Cover Cropping: A Viable Alternative to Plastic Mulch for Organic Vegetable Growers?

May 30, 2025
Swiss Cherry Harvest 2024: High Yields, Better Quality, and Market Challenges

Swiss Cherry Harvest 2024: High Yields, Better Quality, and Market Challenges

May 30, 2025
Asparagus Market Trends April 2025: Prices Drop as Austrian Season Returns to Normal Timing

Asparagus Market Trends April 2025: Prices Drop as Austrian Season Returns to Normal Timing

May 30, 2025
Garlic Prices Dip, Onion Prices Surge: What Spanish Farmers and Agribusinesses Need to Know in 2025

Garlic Prices Dip, Onion Prices Surge: What Spanish Farmers and Agribusinesses Need to Know in 2025

May 29, 2025
  • Company
Tuesday, June 3, 2025
Vegetables News
  • NEWS
    Why Are Onion Prices Soaring in Bangladesh Despite Peak Harvest? Farmers, Traders, and Market Dynamics Explained

    Why Are Onion Prices Soaring in Bangladesh Despite Peak Harvest? Farmers, Traders, and Market Dynamics Explained

    Almería Dominates Global Pepper Exports: Outshines Netherlands, Morocco, and Turkey in 2024

    Almería Dominates Global Pepper Exports: Outshines Netherlands, Morocco, and Turkey in 2024

    Austrian Carrot Market Update: Early Harvest Insights and Pricing Trends for 2024

    Austrian Carrot Market Update: Early Harvest Insights and Pricing Trends for 2024

    Austrian Onion Market Update: Final 2024 Yellow Onions Sold Out – What’s Next for Farmers and Buyers?

    Austrian Onion Market Update: Final 2024 Yellow Onions Sold Out – What’s Next for Farmers and Buyers?

    Starch Potato Prices Rise in 2024: What Farmers and Agronomists Need to Know

    Starch Potato Prices Rise in 2024: What Farmers and Agronomists Need to Know

    Iceberg Lettuce Glut: Challenges and Opportunities for Farmers and Markets

    Iceberg Lettuce Glut: Challenges and Opportunities for Farmers and Markets

    Title: “Market Volatility in European Produce: How Quality and Supply Shifts Are Reshaping Prices”

    Title: “Market Volatility in European Produce: How Quality and Supply Shifts Are Reshaping Prices”

    Spain Dominates Global Cucumber Exports in 2024: A Deep Dive into the Data

    Spain Dominates Global Cucumber Exports in 2024: A Deep Dive into the Data

    High-Residue Cover Cropping: A Viable Alternative to Plastic Mulch for Organic Vegetable Growers?

    High-Residue Cover Cropping: A Viable Alternative to Plastic Mulch for Organic Vegetable Growers?

  • AGROTECHNOLOGY
    • All
    • Climate
    • Crop protection
    • digital (smart)
    • dron
    • Fertilizer
    • Research
    • weed
    High-Residue Cover Cropping: A Viable Alternative to Plastic Mulch for Organic Vegetable Growers?

    High-Residue Cover Cropping: A Viable Alternative to Plastic Mulch for Organic Vegetable Growers?

    EU Pesticide Sales Hit 12-Year Low in 2023: What It Means for Modern Agriculture

    EU Pesticide Sales Hit 12-Year Low in 2023: What It Means for Modern Agriculture

    Why Do Grocers Cover Potatoes at Night? The Science Behind This Curious Practice

    Why Do Grocers Cover Potatoes at Night? The Science Behind This Curious Practice

    Record-Early Potato Planting in 2024: Will It Lead to Higher Yields?

    Record-Early Potato Planting in 2024: Will It Lead to Higher Yields?

    Boosting Farm Efficiency: How Lean Technologies Are Transforming Agriculture in Altai

    Boosting Farm Efficiency: How Lean Technologies Are Transforming Agriculture in Altai

    Rising Temperatures Threaten Vegetable Farming in Maharashtra: Challenges and Solutions for Farmers

    Rising Temperatures Threaten Vegetable Farming in Maharashtra: Challenges and Solutions for Farmers

    Boosting Welsh Agriculture: How Organic School Meals Could Transform Farming by 2030

    Boosting Welsh Agriculture: How Organic School Meals Could Transform Farming by 2030

    Farming in Small Spaces: How Bandanaira Prison Is Growing Food and Futures with Polybag Vegetable Cultivation

    Farming in Small Spaces: How Bandanaira Prison Is Growing Food and Futures with Polybag Vegetable Cultivation

    Can Regenerative Agriculture Work for Intensive Vegetable Farming? One Farm’s Journey Toward a Greener Future

    Can Regenerative Agriculture Work for Intensive Vegetable Farming? One Farm’s Journey Toward a Greener Future

  • IRRIGATION
  • SEED PRODUCTION
    • Vegetables
    • Fruit
  • PROCESSING
No Result
View All Result
  • NEWS
    Why Are Onion Prices Soaring in Bangladesh Despite Peak Harvest? Farmers, Traders, and Market Dynamics Explained

    Why Are Onion Prices Soaring in Bangladesh Despite Peak Harvest? Farmers, Traders, and Market Dynamics Explained

    Almería Dominates Global Pepper Exports: Outshines Netherlands, Morocco, and Turkey in 2024

    Almería Dominates Global Pepper Exports: Outshines Netherlands, Morocco, and Turkey in 2024

    Austrian Carrot Market Update: Early Harvest Insights and Pricing Trends for 2024

    Austrian Carrot Market Update: Early Harvest Insights and Pricing Trends for 2024

    Austrian Onion Market Update: Final 2024 Yellow Onions Sold Out – What’s Next for Farmers and Buyers?

    Austrian Onion Market Update: Final 2024 Yellow Onions Sold Out – What’s Next for Farmers and Buyers?

    Starch Potato Prices Rise in 2024: What Farmers and Agronomists Need to Know

    Starch Potato Prices Rise in 2024: What Farmers and Agronomists Need to Know

    Iceberg Lettuce Glut: Challenges and Opportunities for Farmers and Markets

    Iceberg Lettuce Glut: Challenges and Opportunities for Farmers and Markets

    Title: “Market Volatility in European Produce: How Quality and Supply Shifts Are Reshaping Prices”

    Title: “Market Volatility in European Produce: How Quality and Supply Shifts Are Reshaping Prices”

    Spain Dominates Global Cucumber Exports in 2024: A Deep Dive into the Data

    Spain Dominates Global Cucumber Exports in 2024: A Deep Dive into the Data

    High-Residue Cover Cropping: A Viable Alternative to Plastic Mulch for Organic Vegetable Growers?

    High-Residue Cover Cropping: A Viable Alternative to Plastic Mulch for Organic Vegetable Growers?

  • AGROTECHNOLOGY
    • All
    • Climate
    • Crop protection
    • digital (smart)
    • dron
    • Fertilizer
    • Research
    • weed
    High-Residue Cover Cropping: A Viable Alternative to Plastic Mulch for Organic Vegetable Growers?

    High-Residue Cover Cropping: A Viable Alternative to Plastic Mulch for Organic Vegetable Growers?

    EU Pesticide Sales Hit 12-Year Low in 2023: What It Means for Modern Agriculture

    EU Pesticide Sales Hit 12-Year Low in 2023: What It Means for Modern Agriculture

    Why Do Grocers Cover Potatoes at Night? The Science Behind This Curious Practice

    Why Do Grocers Cover Potatoes at Night? The Science Behind This Curious Practice

    Record-Early Potato Planting in 2024: Will It Lead to Higher Yields?

    Record-Early Potato Planting in 2024: Will It Lead to Higher Yields?

    Boosting Farm Efficiency: How Lean Technologies Are Transforming Agriculture in Altai

    Boosting Farm Efficiency: How Lean Technologies Are Transforming Agriculture in Altai

    Rising Temperatures Threaten Vegetable Farming in Maharashtra: Challenges and Solutions for Farmers

    Rising Temperatures Threaten Vegetable Farming in Maharashtra: Challenges and Solutions for Farmers

    Boosting Welsh Agriculture: How Organic School Meals Could Transform Farming by 2030

    Boosting Welsh Agriculture: How Organic School Meals Could Transform Farming by 2030

    Farming in Small Spaces: How Bandanaira Prison Is Growing Food and Futures with Polybag Vegetable Cultivation

    Farming in Small Spaces: How Bandanaira Prison Is Growing Food and Futures with Polybag Vegetable Cultivation

    Can Regenerative Agriculture Work for Intensive Vegetable Farming? One Farm’s Journey Toward a Greener Future

    Can Regenerative Agriculture Work for Intensive Vegetable Farming? One Farm’s Journey Toward a Greener Future

  • IRRIGATION
  • SEED PRODUCTION
    • Vegetables
    • Fruit
  • PROCESSING
No Result
View All Result
Vegetables News
Home Market Logistics

Lineage Logistics Announces Acquisition of Spanish Transport and Cold-Store Operator Grupo Fuentes

by Tatyana Ivanovich
August 9, 2022
in Logistics
0
Lineage Logistics Announces Acquisition of Spanish Transport and Cold-Store Operator Grupo Fuentes
  • Lineage has announced its intention to acquire Grupo Fuentes, one of Spain’s principal transport and cold-storage logistics providers, headquartered in Murcia with facilities across the country
  • The expansion in Spain will reinforce Lineage’s commitment to one of Europe’s main
  • for fresh produce
  • Grupo Fuentes is a major provider of transport services, and the intended acquisition will strengthen Lineage’s footprint for cold-storage distribution across the main markets in South and Western Europe

Lineage Logistics, LLC (“Lineage” or the “Company”), one of the world’s leading temperature-controlled industrial REIT and logistics solutions providers, today announced its intention to acquire Grupo Fuentes, a major operator of transport and cold storage facilities, headquartered in Murcia, Spain.

Grupo Fuentes operates a fleet of over 500 vehicles and trailers, 6 logistics centers, a cold storage warehouse, and services supporting those facilities. It is also a founding member of Reefer Terminal, a strategic partnership to create an intermodal transportation platform combining road and rail cold-storage transport services.

Rafael Fuentes, CEO of Grupo Fuentes, said, “My father started the company with just one truck more than 30 years ago and the business has grown into one of Spain’s leading providers of transportation and logistics services. I am proud to look forward to having the company form part of Lineage, as part of a global group at the forefront of innovation in the sector. The Fuentes family is expected to continue to lead Lineage’s business in Spain, and will play a leading role in Lineage in Spain and in the expansion of Lineage’s road transportation network across Europe, and oversee the integration of Grupo Fuentes into the Lineage family.”

Harld Peters, President of Europe at Lineage, said, “Spain is a major food producer in Europe, and our expanded presence there through the acquisition of Grupo Fuentes will allow us to manage a strategic connection between Southern Europe and Northern Europe, where Lineage has a strong existing footprint. Grupo Fuentes will accelerate our ongoing expansion into transport services, which will enable us to deliver end-to-end solutions for our customers throughout the Lineage network and Europe broadly.”

Grupo Fuentes is headquartered in Murcia, with offices in Galicia, Madrid, Navarra, Valencia, and the Netherlands. The company counts some of Spain’s major food and retail companies as customers, with a significant share of the business providing cold storage, transport, and international transport services covering Belgium, France, Germany, Italy, the Netherlands, Portugal. and the U.K.

Grupo Fuentes has a cold-storage warehouse in Murcia with 60,000 pallet positions and plans to expand the site with an additional 40,000 pallet positions.

Lineage first entered Spain in May 2021, with the acquisition of Frigoríficos de Navarra warehouses in Navarra and Asturias. The acquisition of Grupo Fuentes and its transport fleet is a complement to Lineage’s recent expansion of its European warehouse facilities.

Deloitte acts as financial advisor and legal counsel to the Fuentes family. Rabobank and Seven Lakes Partners act as Lineage’s financial advisors and Latham & Watkins and Garrigues serve as its legal counsels.

About Lineage Logistics

Lineage Logistics is one of the leading temperature-controlled industrial REIT and logistics solutions providers worldwide. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 20 countries across North America, Europe, and Asia-Pacific. Lineage has industry-leading expertise in end-to-end logistical solutions, an unrivaled real estate network, and develops and deploys innovative technology. This helps increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 3 in the 2022 CNBC Disruptor 50 list, named a Deloitte US Best Managed Company in 2022, the No. 1 Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change the World list in 2020. (www.lineagelogistics.com )

Contacts

Lineage Logistics
Magnus Franklin
+32471620575
magnus.franklin@teneo.com

A source: https://www.businesswire.com

Tags: logisticsmarkets
Previous Post

How to Start Cucumber Farming in USA: A Step-by-Step Guide to Planting to Harvesting

Next Post

In Chuvashia, agricultural producers have to harvest 962 hectares of vegetables from the fields

Next Post
In Chuvashia, agricultural producers have to harvest 962 hectares of vegetables from the fields

In Chuvashia, agricultural producers have to harvest 962 hectares of vegetables from the fields

  • Home
  • Privacy Policy
  • Privacy Policy of vegetables.news app

© 2020-2024 VEGETABLES NEWS

No Result
View All Result
  • NEWS
  • AGROTECHNOLOGY
  • IRRIGATION
  • SEED PRODUCTION
    • Vegetables
    • Fruit
  • PROCESSING

© 2020-2024 VEGETABLES NEWS