Americold acquired privately held Lanier Cold Storage for $82 million. Lanier Cold Storage consists of two temperature-controlled storage facilities, which total over 14 million ft3 and approximately 51,000 pallet positions, in Gainesville and Lula, Ga.
The acquisition will complement Americold’s existing 3.8 million ft3 refrigerated facility in Gainesville, which is considered by many to be the “poultry capital of the world.”
Atlanta-based Americold owns and operates 155 temperature-controlled warehouses in the United States, Australia, New Zealand, Canada and Argentina.
Report Abusive Comment