“ The North American cold storage market is undergoing rapid consolidation, and Americold is keeping its foot firmly on the accelerator.

Less than a month after one acquisition, the cold storage behemoth is taking over yet another player, Hall’s Warehouse Corp, to expand its footprint.

The $480m acquisition brings a further 58 million cubic feet of warehouse space to its portfolio.

Hall’s operates eight facilities in New Jersey, all within 30 miles of the port of Newark, comprising 200,000 pallet positions and serving 220 customers. According to Americold, the occupancy rate is 95%.

Americold president & CEO Fred Boehler said the deal “complements our growing scale in a key market located with one day’s drive of approximately 30% of the population in the US”.”


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