Americold Realty Trust Acquires Cloverleaf Cold Storage
Temperature-controlled warehouse company Americold Realty Trust announced on Tuesday that they have entered into a definitive agreement to acquire the privately-held Chiller Holdco, LLC from Cloverleaf management and an investment group led by private equity funds managed by Blackstone. Americold is acquiring Cloverleaf, the fifth largest U.S. temperature-controlled owner and operator, for a purchase price of $1.24 billion.
"We welcome Cloverleaf to the Americold family," Fred Boehler, President and CEO of Americold, said in a statement. "We have long admired Cloverleaf, the families that founded them and...
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