Americold closes on $1.74B bid for Agro
Americold announced that it has closed on a 46-facility deal valued at $1.74 billion.
Americold announced that it has closed on a 46-facility deal valued at $1.74 billion.
Anticipation for the first COVID vaccine is about to be realized and with it a huge ground and air operation to immunize the world. ABI Research quantifies some of the transportation requirements.
Cold storage warehouse operator RLS Logistics advances growth initiative with the announcement of plans for a new facility serving New England.
Americold announces another large acquisition, a couple of expansion projects, and informs analysts and investors that the holidays haven’t been canceled.
How do you prepare for the Super Bowl if you don’t know who your opponent is? That’s how airlines and freight managers feel about preparations for transporting a COVID-19 vaccine when one is approved because manufacturers aren’t freely sharing shipping details.
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.
Third-party food logistics company FreezPak Logistics announces plans to open a new facility near Port Elizabeth to meet “continually growing demand for cold storage space.”
It appears Lineage Logistics will be able to sustain its 60% annual cubic-foot growth rate. The company announces an equity raise landed it with $1.6 billion in new capital.
Cold chain facility operator Americold Realty Trust adds three facilities to the network in a pair of transactions.
Lineage Logistics has added 24 locations to its network of cold storage facilities through a series of acquisitions. The announcement follows a few large deals Lineage announced recently.