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Lineage, Inc. (NASDAQ: LINE, “Lineage”), the world’s largest global temperature-controlled warehouse REIT, today announced plans to expand its U.S. cold-storage network via a series of new acquisitions, greenfield developments, and enhanced automation implementation.

Namely, Lineage has entered into a definitive agreement to acquire multiple, existing cold storage warehouses in the U.S. from Tyson Foods, Inc. (NYSE: TSN, “Tyson Foods”), building on a longstanding customer relationship with Lineage.

Lineage's strength as a leading global network and automation expert, together with proprietary data science capabilities, aligns with Tyson Foods’ objective to enable a faster, smarter, and more integrated supply chain to meet the demands of an increasingly dynamic, evolving, and growing market.