The expansion of the North American ‘holding’ in the Region of Murcia strengthens its position to distribute by road in the markets of southern and western Europe
The American company Lineage Logistics, LLC, one of the leading companies in the world’s temperature-controlled industrial sector and provider of logistics solutions, announced on Monday the acquisition of Grupo Fuentes, the operator of transportation and cold storage facilities based in Mexico. center in Murcia.
Grupo Fuentes operates with a fleet of more than 500 vehicles and trailers, six logistics centers, a cold store and support services for these facilities. It is also a founding member of Refeer Terminal, a strategic association to create an intermodal transport platform, combining road and rail refrigerated transport services.
The CEO of the Murcian company, Rafael Fuentes, stressed that he feels “proud” that his company becomes part of Lineage, an entity that he considers “at the forefront of innovation in the sector.” “Grupo Fuentes wants to continue leading the Lineage business in Spain and will play a leading role in the expansion of road transport throughout Europe,” he stressed.
For his part, Harld Peters, President of Lineage Europe, stressed that “Spain is one of the largest food producers in Europe, and our expansion thanks to the acquisition of the Fuentes Group will allow us to manage a strategic connection between the South and the Northern Europe, where Lineage has a strong presence.
This is the second acquisition made by the North American company in Spain, after its entry in May 2021 in Frigoríficos de Navarra, which has a presence in that community and in Asturias.
Grupo Fuentes has a central headquarters in Murcia, with offices in Galicia, Madrid, Navarra, Valencia, and the Netherlands. The company has some of the main Spanish food and retail companies, with an important part of the business providing cold storage, transport and international transport services covering Belgium, France, Germany, Italy, the Netherlands , Portugal and the United Kingdom.
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