Americold buys temperature-controlled facility in Qld

Americold

Friday, 04 August, 2023

Americold buys temperature-controlled facility in Qld

Based in the US, Americold Realty Trust, Inc. has announced the acquisition of a temperature-controlled storage facility in Ormeau, Queensland, Australia. The facility is more than 59,460 m3 and has around 10,000 pallet positions, with the capability for future expansion.

“We are pleased to announce our acquisition of the Ormeau site, which expands our presence in the Queensland, Australia, market,” said Andrew Mates, Managing Director of the Asia Pacific Region at Americold. “This facility is strategically located adjacent to the Pacific Motorway (M1), is halfway between Brisbane and the Gold Coast, with quick access to the Port of Brisbane, and has already received many expressions of interest from new and existing customers. This acquisition allows us to better serve our current customers and increase our customer base as we strive to fulfil our mission to help our customers feed the world.”

The acquisition will increase Americold’s presence in Australia to approximately 1.7 million m3, spread across five states and 12 sites.

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