Rabobank, QuadReal and Oxford Properties took part in the cold chain logistics group’s latest round, taking its funding to $6bn in the past two years.
US-headquartered cold supply chain service Lineage Logistics secured $1.7bn yesterday from investors including financial services firm Rabobank, representing one of the largest corporate-backed rounds for a logistics provider in recent months.
Real estate developers QuadReal Property Group and Oxford Properties took part in the round, as did BentallGreenOak, CenterSquare Investment Management, Cohen & Steers, D1 Capital Partners, Healthcare of Ontario Pension Plan (HOOPP), NYSTRS, OP Trust and StepStone.
Founded in 2012, Lineage provides refrigerated shipping and temperature-controlled warehouse services for…
