Americold Realty Trust

Americold Realty Trust, Inc. (NYSE: COLD) is a global leader in temperature-controlled logistics and real estate that supports the safe, efficient movement of food products worldwide. The company operates as a self-administered and self-managed publicly traded real estate investment trust conducting its operations through Americold Realty Operating Partnership, L.P. and its subsidiaries. Its website is www.americold.com.

As of December 31, 2025, Americold operates a global network of 231 temperature-controlled warehouses encompassing approximately 1.4 billion cubic feet of capacity, with 188 warehouses in North America, 23 in Europe, 18 in Asia-Pacific, and 2 in South America. The company also holds a minority interest in a joint venture operating two additional warehouses in Dubai. The company owns over 75 percent of its warehouses, excluding ground leases, providing long-term control over these specialized assets.

Americold's business is organized into three primary segments: Warehouse, Transportation, and Third-Party Managed. The Warehouse segment provides temperature-controlled storage and handling services for frozen and perishable food products and other temperature-sensitive goods. The Transportation segment brokers, manages, and operates transportation services including consolidation, freight management, and dedicated transportation. The Third-Party Managed segment manages warehouses on behalf of third parties and provides warehouse management services to food manufacturers and retailers.

The company serves 2,962 customers globally, consisting primarily of producers, distributors, retailers, and e-tailers of frozen and perishable food products. The weighted average relationship length with the 25 largest customers exceeds 35 years, with these customers representing 52 percent of Warehouse segment revenues. Americold employs approximately 12,690 associates globally, with 77 percent based in North America, 10 percent in Europe, 12 percent in Asia-Pacific, and 1 percent in South America. Approximately 23 percent of associates are represented by labor unions and associations across 85 warehouses governed by 77 collective bargaining agreements.

The company's strategy emphasizes solutions-oriented support across the cold chain through production-focused, forward distribution-focused, retail solutions-focused, and port-oriented facilities. Americold focuses on operational excellence, capital discipline, organic growth opportunities, and technology transformation through its Project Orion initiative, which involves implementing cloud-based enterprise resource planning systems and artificial intelligence projects.