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Management from cold storage warehouse operator Americold addresses concerns about decelerating trends and a soft 2022 outlook.
Boehler is terminated without cause; George Chappelle is named interim CEO.
El alto ejecutivo ha sido despedido sin motivo después de
casi 6 años al frente del gigante del almacenamiento en frío
Temperature-controlled warehouse operator Americold pulled in its 2021 outlook, citing labor-related food manufacturing limitations within its customer base.
Cold storage facility operator Americold said food manufacturers are “failing to meet the needs of retailers” as COVID-related production shutdowns have drawn down food stocks. The impacts from lower inventories and throughput were seen in the company’s first-quarter report.
Cold storage operator Americold saw occupancy dip year-over-year during the fourth quarter as food manufacturers struggled to keep proteins in stock.
Americold announced that it has closed on a 46-facility deal valued at $1.74 billion.
Americold announces another large acquisition, a couple of expansion projects, and informs analysts and investors that the holidays haven’t been canceled.
Cold storage operator Americold expands its portfolio again, this time in a $1.74 billion bid for the world’s fourth-largest provider. Americold plans to offer 33 million common shares in total to facilitate the deal.
Cold chain facility operator Americold Realty Trust adds three facilities to the network in a pair of transactions.
