Americold publishes investor presentation outlining plan to strengthen foundation for long-term growth - COLD News | RalliesAmericold publishes investor presentation outlining plan to strengthen foundation for long-term growth
C
COLD• Investor presentation outlines balance sheet and portfolio actions
- Americold outlined a balance sheet push anchored by a strategic joint venture with EQT, targeting about USD 1.1 billion of proceeds.
- The deal values the portfolio at about USD 1.3 billion on a 7% cap rate, with EQT owning 70% and Americold 30%.
- Americold expects the proceeds to cut leverage by 0.75x, driving about USD 46 million of annual interest savings.
- The joint venture is expected to close in Q3 2026, with 12 facilities contributed totaling about 124 million cubic feet and 402,000 pallet positions.
- Portfolio actions include 25 sites flagged for exit, 10 completed so far, with more than USD 50 million in proceeds to date.
FOXA
•
