De Brauw assisted the Kloosterboer family on the sale of Kloosterboer Group to Lineage Logistics.

Lineage Logistics, one of the world’s leading and most innovative temperature-controlled industrial REIT and logistics solution providers, reached agreement to acquire the Dutch family-owned Kloosterboer Group, a leading independent integrated platform for temperature-controlled storage, logistics and value-added services in Europe.

The Kloosterboer family will continue to be involved in the Kloosterboer Group, becoming investors in Lineage and rolling a part of their sale proceeds into Lineage equity.

The transaction is subject to regulatory clearance and completion of the employee consultation process.