Lineage Logistics acquires Marc Villeneuve Inc. and 9335-2870 Québec Inc.
Date Closed
April 1, 2021
Lead Office
Toronto
On April 1, 2021, Lineage Logistics Holdings, LLC, through its Canadian subsidiary Lineage Logistics MVI Ltd., acquired all of the issued and outstanding shares of Marc Villeneuve Inc. (“MVI”) and the assets of 9335-2870 Québec Inc. The acquisition of MVI marks an additional entry into the Canadian market after Lineage first joined the country in July of 2020 with the acquisition of Ontario Refrigerated Services.
Located in a suburb of Montreal, Marc Villeneuve Inc. is a cold storage distribution service that distributes, among other things, ice cream products for Chapman's, Canada's oldest family-owned ice cream business.
Lineage Logistics Holdings, based in Michigan, is the world’s largest provider of temperature-controlled logistics solutions.
McCarthy Tétrault advised Lineage Logistics Holdings, LLC, with a team led by Scott Bergen that included Karl Bherer and Vincent Laurin (Business), Brian Lipson (Transportation & Logistics), Philippe Côté (Real Property & Planning), Amelia Fong and Cindy Vaillancourt (Environment), Caroline-Ariane Bernier and Jacques Rousse (Labour & Employment), Kelleher Lynch (Pensions & Benefits), Marie-Soleil Landry and Kassandra Grenier (Tax).