Lineage IPO
Lineage is the world's largest temperature-controlled industrial real estate investment trust (REIT), operating cold storage warehouses globally. The company provides warehousing and logistics services for frozen and refrigerated goods, serving food producers, retailers, and distributors. The IPO attracted investor interest due to growing demand for cold chain logistics driven by e-commerce growth and changing consumer food consumption patterns.
Key Facts
| Industry | Cold Chain Logistics |
| Founded | 2008 |
| Headquarters | Novi, MI |
| Employees | ~25,000 |
| Website | onelineage.com |
| Funding | Public company (NASDAQ: LINE). IPO in July 2024 |
About Lineage
Lineage Logistics operates one of the world's largest networks of temperature-controlled warehouses, providing cold storage and logistics services for food retailers, distributors, and producers. The company has built its platform through strategic acquisitions and technology investments, creating an integrated network of over 400 facilities across multiple continents. Lineage differentiates itself through automation and data analytics, using robotics and AI to optimize warehouse operations and reduce energy consumption. The company went public in 2024, capitalizing on growing demand for cold chain logistics driven by e-commerce growth, global food trade, and the expansion of frozen and fresh food markets.
IPO Status
Lineage went public in July 2024 through an initial public offering, raising approximately $4.4 billion in one of the largest IPOs of the year. The company priced its shares at $78 each, valuing the cold storage REIT at around $18.7 billion. The IPO was well-received by investors, reflecting strong demand for logistics real estate investments. The company trades on the NASDAQ under the ticker symbol "LINE." Since going public, Lineage has continued to focus on expanding its global cold storage network and leveraging technology to improve supply chain efficiency for its customers.
Competitors
Frequently Asked Questions
Does Lineage have a stock?
Yes, Lineage completed its IPO in July 2024, going public on the NASDAQ. The cold storage REIT raised approximately $4.4 billion in its public offering.
When is the Lineage IPO date?
Lineage's IPO already occurred in July 2024 when the company went public. The IPO was completed successfully with shares priced at $78 each.
How can I buy Lineage stock?
You can buy Lineage stock through any brokerage account as the company trades publicly on the NASDAQ under ticker symbol "LINE." The stock is available through traditional and online brokers.
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