The global cold storage operator has purchased a facility in Fremantle for $8.36 million.
Global cold storage operator Lineage has purchased a cold storage warehouse in Fremantle for $8.36 million from Seagroup.
Lineage, which has a network of more than 480 temperature-controlled warehouses worldwide, bought a 42,000 cubic metre space at 3 Darkan Avenue.
The purchase of the facility, dubbed Fremantle City Coldstores (FCC), adds to Lineage’s warehouse in Perth and forms part of its global expansion strategy.
Lineage president for Asia Pacific Brooke Miller said Western Australia was a key part of the company’s long-term growth plan for Australia and Asia-Pacific.
“FCC will strengthen our cold storage network in WA, alongside our other operating facility in Perth,” Ms Miller said.
Lineage regional vice-president for Australia, Morris Guest, said access and proximity to Fremantle Port was one of the many advantages of bringing the Fremantle facility into Lineage’s network.
“With this new facility less than ten kilometres from one of the country’s largest ports, FCC will play a vital role in offering our customers best-in-class service and solutions,” he said.
“We are looking forward to serving our customers through this facility and are proud to welcome FCC’s employees into the Lineage Asia-Pacific team.”
Australian Securities and Securities Commission documents show that Victor Paino, former Sealanes managing director, is the sole shareholder of Seagroup Pty Ltd.
In 2016, the Paino family sold Sealanes to Melbourne-based Superior Food Services.
Following the FCC acquisition, Lineage now has 15 facilities across Australia.
