Core Insights - Americold Realty Trust, Inc. (NYSE:COLD) has seen a significant increase in share prices, rising by 4.78% to close at $13.36, following reports of $1.5 billion in acquisition offers for its European operations [1][2] - The company has attracted acquisition interest from EQT-backed Constellation Cold and I Squared-backed CubeCold, with one of these firms also showing interest in Americold's Asia Pacific business [2][3] - Americold is currently working with financial advisors to address the demands of activist investor Ancora, who is advocating for the sale of its international operations to concentrate on North America [3] - The company has expanded its operations into convenience store distribution through a partnership with Australia-based On the Run (OTR), which will enhance its supply chain capabilities in Adelaide and support national expansion [4][5] Company Developments - The partnership with On the Run is part of Americold's strategy to diversify into new sectors, which is identified as a key growth priority for 2026 [5] - CEO Rob Chambers highlighted the company's strong position in the Quick Service Restaurant (QSR) space and expressed optimism about capturing additional opportunities in the convenience store market [4][5]