Lineage, Inc., the world’s largest global temperature-controlled warehouse REIT, has completed the acquisition of Permanor AS, a provider of cold storage and logistics services in Norway. The transaction includes Permanor’s operations and property in Haugesund and Brumunddal, further strengthening Lineage’s footprint in the Nordics market and enhancing its ability to serve the region’s growing food supply chain.
Permanor AS specializes in freezing, thawing, storage, and logistics services, primarily catering to the meat manufacturing industry, alongside handling baked goods and other food commodities. The Haugesund site, originally built in 2009 and expanded in 2018, is strategically positioned near key harbors in Stavanger, Haugesund, and Bergen, supporting efficient distribution. The Brumunddal site, located just an hour north of Oslo, serves as a vital hub for Norwegian food logistics.
Permanor’s Haugesund facility installed over 880 solar panels in recent years, reinforcing its efforts toward energy efficiency and sustainability. Across both sites, the warehouses have over 10,000 square meters space, offering approximately 24,500 pallet positions to support growing demand.
“Permanor’s expertise and strategic locations make it a perfect fit as we continue to strengthen our presence in Norway and the broader Nordic region,” said Sean Vanderelzen, Lineage’s president of operations in Europe. “This acquisition allows us to better serve our customers with end-to-end cold chain solutions while reinforcing our commitment to responsible operations and operational excellence.”
Hege Skogland Mokleiv, chief executive officer of Permanor, added: “We’re excited to become part of a bigger family, where everyone works together to make our industry greater, more efficient, more sustainable and more flexible to meet customer needs and changing environments.”
