Americold acquires Agro Merchants Group in $1.74 billion deal

Agro's Icestar facility in Santiago, Chile

Cold storage warehouse owner and operator Americold Realty Trust (NYSE: COLD) announced on Tuesday that it has entered into an agreement to acquire the world’s fourth-largest temperature-controlled operator, Agro Merchants Group, for $1.74 billion.

The announcement follows several others over the last two years as the Atlanta-based real estate investment trust continues to expand its network through acquisition. Americold added facilities in Florida and Texas in August and was chosen by the East...

https://s29755.pcdn.co/news/americold-acquires-agro-merchants-group-in-174-billion-deal

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