Advised on sale of Singapore-based cold-chain logistics provider

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Advised on sale of Singapore-based cold-chain logistics provider

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Stout Bluepeak Asia Limited (“Stout”) served as the sell-side financial advisor to Mandai Link Logistics, a Singapore-based cold-chain logistics services provider, on its sale to Lineage Logistics, the world’s largest temperature-controlled industrial REIT and logistics solutions provider ranked by the International Association of Refrigerated Warehouses (IARW Global Top 25).

Mandai Link is the market-leading provider of cold-storage services and automated operations in Singapore. It serves as a one-stop hub for refrigerated food distribution with a full range of solutions, including procurement, transport, and warehousing. Mandai has a land area of 188,874 square feet with a fully automated storage retrieval system (ASRS) of four temperate zones that can house a capacity of 28,000 pallets. The state-of-the-art facility is integrated with solar power, which saves up to 17% of Mandai’s energy consumption. Concurrently, it is equipped with a rainwater collection system for water recycling and sustainability development.

Lineage Logistics is the global market-leading, temperature-controlled industrial REIT and logistics solutions provider. Lineage has an established global footprint with more than 400 facilities strategically located in 20 countries, serving a broad base of customers across North America, Europe, and Asia-Pacific.

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