Americold Files to Go Public

Americold, an operator of refrigerated warehouses, plans an initial public offering of its common shares that could raise as much as $690 million

Dec. 17, 2009

Americold Realty Trust, a third-party logistics provider (3PL) for the consumer packaged goods industry, has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering of its common shares that could raise as much as $690 million. Americold owns and operates temperature-controlled warehouses.

According to Dow Jones Newswires, Americold intend to use the proceeds to purchase Versacold International Corp., a Canadian operator of refrigerated warehouses. If the deal goes through, Americold will have a portfolio of 175 temperature-controlled warehouses throughout North America, South America and the Pacific Rim.

This offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained by contacting: Goldman, Sachs & Co., Attention: Prospectus Department, 85 Broad Street, New York, New York 10004; or J.P. Morgan, Attention: J.P. Morgan Securities Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717. Copies of the registration statement can be accessed through the SEC’s website.