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Top related persons:
Adam Forste - 2 Kevin Marchetti - 2 Burris - 1 we've - 1 Forste - 1 Morgan Stanley - 1 Goldman Sachs - 1 Morgan - 1
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CNBC Disruptor - 2 Viking Holdings - 1 Nasdaq - 1 Grupo Fuentes - 1 Burris Logistics - 1 Kennedy Transportation - 1 Bank of America - 1 Lineage's - 1

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2 mentions found


☆ Lineage begins trading in the market's largest IPO of 2024
  + stars: | 2024-07-25 | by ( Riley De León | ) www.cnbc.com   time to read: +2 min
Lineage priced 57 million shares at $78 apiece on Wednesday, near the top of its initial $70 to $82 target range. "We started with one warehouse and we've done 116 acquisitions to turn Lineage into what it is today," co-founder and co-executive chairman Adam Forste said on CNBC's "Squawk Box" Thursday morning before shares started trading. In the last year alone, Lineage has acquired Grupo Fuentes, Burris Logistics, Kennedy Transportation and Harnes. Lineage has amassed over 480 facilities, totaling roughly 2.9 billion cubic feet of capacity across countries in North America, Europe, and the Asia-Pacific region. These locations create a global network of cold-storage facilities, reducing supply chain food waste and its environmental impact.
Persons: Adam Forste, Burris, we've, Forste, Kevin Marchetti, Morgan Stanley, Goldman Sachs, Morgan, Wells Fargo Organizations: CNBC Disruptor, Viking Holdings, Nasdaq, Grupo Fuentes, Burris Logistics, Kennedy Transportation, Bank of America, Lineage's Locations: North America, Europe, Asia, Pacific
☆ Lineage co-founders on IPO debut: We're here to be the world's food infrastructure
  + stars: | 2024-07-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLineage co-founders on IPO debut: We're here to be the world's food infrastructureAdam Forste and Kevin Marchetti, Lineage co-founders and co-executive chairmen, join 'Squawk Box' to discuss the company's IPO debut, the company's cold storage warehouses, and more. Lineage is a four-time CNBC Disruptor 50 company and is the 94th CNBC Disruptor 50 company to make its public debut in the 12 year history of the list.
Persons: Adam Forste, Kevin Marchetti Organizations: CNBC Disruptor
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