Founders: Kevin Marchetti, Adam Forste
CEO: Greg Lehmkuhl
Launched:Â 2012
Headquarters:Â Novi, Michigan
Funding: N/A
Valuation: N/A
Key technologies: Artificial intelligence, Internet of Things, machine learning, robotics
Industry: Logistics
Previous appearances on Disruptor 50 List: 3 (No. 9 in 2023)
Since the acquisition of its first cold storage warehouse in 2008, Lineage has become one of the world's largest temperature-controlled warehousing and logistics companies – reimagining the global food supply chain.
Food loss happens at every level of the supply chain, with an estimated $600 billion worth of food going to waste during or just after harvest. And that ever-growing amount of waste currently accounts for about 11% of the world's emissions – making it one of the biggest environmental issues contributing to climate change.
As part of its mission, Lineage has amassed over 480 facilities, totaling roughly 2.9 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. These locations create a global network of cold-storage facilities, reducing supply chain food waste and its environmental impact.
One of the biggest factors in the company's success is its aggressive acquisition strategy. In the last year alone, Lineage has acquired Grupo Fuentes, Burris Logistics, Kennedy Transportation and Harnes. The Burris acquisition alone gave Lineage eight new facilities.
After a year of steady growth, Bloomberg reported in November that Lineage is reportedly considering an IPO that could value it at $30 billion.
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