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Americold (COLD) Jumps 5% on Acquisition Offer Buzz
Yahoo Finance· 2025-12-31 12:37
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]
Americold Partners With OTR to Deliver Storage & Distribution Services
ZACKS· 2025-12-24 17:11
Core Insights - Americold Realty Trust (COLD) has partnered with On the Run (OTR) to enhance storage and distribution solutions for OTR's supply chain in Adelaide, Australia, and its expanding national presence [1][7] Group 1: Partnership and Expansion - The partnership with OTR allows Americold to leverage its expertise in managing high-service inventory, particularly in the Quick Service Restaurant (QSR) sector, where it supports over 1,500 locations across five major brands in the Asia-Pacific region [2][3] - This collaboration signifies a strategic move for Americold into the convenience retail sector, marking a significant milestone in its expansion efforts [3][5] Group 2: Market Opportunities - Australia and New Zealand present substantial opportunities for cold chain innovation, with Americold's investments and operational capabilities aligning with increasing consumer demands for freshness and convenience [3][4] - The partnership is expected to diversify Americold's customer base and create new, recurring revenue streams, contributing to sustained growth [5] Group 3: Operational Efficiency - Americold's operations in Adelaide are designed for speed, accuracy, and flexibility, which are essential for the P&C retail sector, as highlighted by Richard Winnall, president of International, Americold [4]
Americold Expands Into Convenience Store Distribution Through Partnership With On the Run
Globenewswire· 2025-12-23 14:00
Core Insights - Americold Realty Trust has announced a partnership with On the Run to provide storage and distribution services, supporting OTR's supply chain in Adelaide and its national expansion [1][3] Group 1: Partnership Details - The partnership aims to leverage Americold's expertise in temperature-controlled logistics to enhance OTR's supply chain efficiency during its rapid growth phase [3][4] - Americold's operations in Adelaide are designed for speed, accuracy, and flexibility, which are essential for the convenience retail sector [5] Group 2: Market Position and Strategy - Americold has established a strong leadership position in the Quick Service Restaurant (QSR) sector, supporting over 1,500 QSR locations across five major brands in the Asia-Pacific region [2] - The company is focusing on expanding into the convenience store market as part of its growth strategy for 2026, aiming to capture additional opportunities in adjacent sectors [3][4] Group 3: Operational Capabilities - Americold's facilities encompass more than 230 locations globally, totaling approximately 1.4 billion refrigerated cubic feet, ensuring efficient movement of refrigerated products [6] - The company emphasizes a customer-first mindset and adaptability, which are critical for meeting dynamic demands in the cold chain logistics sector [4][5]