Americold Announces Acquisition of Facility in Houston, TX, for $127M
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Americold Realty Trust (COLD) has announced the acquisition of a facility in Houston, Texas, for $127 million. This acquisition is aimed at accommodating customer growth.
March 18, 2025 | 6:45 pm
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Americold Realty Trust has signed an agreement to acquire a facility in Houston, Texas, for $127 million. This move is intended to support customer growth.
The acquisition of a new facility in Houston for $127 million is a significant investment by Americold Realty Trust to accommodate customer growth. This suggests a positive outlook for the company's expansion and potential revenue increase, likely leading to a positive short-term impact on the stock price.
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