NautaDutilh assists long-standing client Lineage Logistics with its acquistion of Kloosterboer Group B.V., a leading and reputable independent platform in Europe for integrated temperature-controlled storage, logistics and value-added services. Kloosterboer Group consists of eleven facilities across the Netherlands, France, Germany, Canada and South Africa, totaling 6.4 million cubic meters of capacity and 790,000 pallet positions and employing over 900 team members. The transaction is subject to regulatory clearance and completion of the employee consultation process.
Lineage Logistics is one of the leading temperature-controlled industrial REIT and logistics solutions providers worldwide. It has a global network of over 350 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 16 countries across North America, Europe and Asia-Pacific.
Joost den Engelsman, lead partner says: ‘It has been a privilege to team up again with Lineage Logistics on this exciting transaction. We look forward to working with them in the coming months to bring this deal to close.’
NautaDutilh works alongside co-counsel Latham & Watkins on this transaction.
The NautaDutilh team further consisted of Joost Kloosterman, Rebecca Runa Pinto-Noome, Jos Somers (Corporate M&A), Aira Scheijvens, Celine Houwen (Corporate Notarial), Mauricette Schaufeli, Nima Lorjé, Arnout Koeman, Felix Seuntjens (Competition), Edward Rijnhout, Sjuul Jentjens, Thijs Poelert (Tax), Kees Koetsier, Esther Vochteloo (Real Estate), Homme ten Have, Daniël Kuiper and Arjan Koorevaar (Employment).