Key Takeaways
- • Maxwell Street-backed PJLN has acquired Fond du Lac, a New Jersey wine and spirits warehousing company, according to PE Hub.
- • Fond du Lac operates seven temperature-controlled and customs-bonded warehouses totaling about 500,000 square feet in Edison, New Jersey.
- • The transaction is categorized as a US transport-sector deal, reported by PE Hub staff.
Summary
Maxwell Street-backed PJLN has added Fond du Lac, a warehousing business focused on wine and spirits, according to PE Hub. The transaction was reported as a deal in the transport sector in the United States.
Fond du Lac runs seven temperature-controlled and customs-bonded warehouses in Edison, New Jersey, with a combined footprint of about 500,000 square feet. The facilities' temperature control and customs-bonded status are the features that distinguish the operation, supporting storage of alcoholic beverages that require climate-controlled conditions and duty-deferred handling.
The source article is brief and does not disclose the purchase price, the structure of the transaction, or the seller. Further details on the deal terms were not available in the reporting reviewed.
Fond du Lac runs seven temperature-controlled and customs-bonded warehouses in Edison, New Jersey, with a combined footprint of about 500,000 square feet. The facilities' temperature control and customs-bonded status are the features that distinguish the operation, supporting storage of alcoholic beverages that require climate-controlled conditions and duty-deferred handling.
The source article is brief and does not disclose the purchase price, the structure of the transaction, or the seller. Further details on the deal terms were not available in the reporting reviewed.
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