Highly Diversified Business Model Produces Stable Cash Flows
Long Standing Relationships with Top 25 Customers
Scope and scale of network coupled with long-standing relationships
position us to grow market share organically and through acquisitions
Representative Food Producers / CPG Companies (1)
Unilever
SCHWAN'S
COMPANY
General
Mills
Making Food
Smithfield
McCain
Kraft Heinz
Ocean Spray
DANONE
ONE PLANET. ONE HEALTH
PERDUE.
CONAGRA
Nestle
Lamb Weston
BRANDS.
BEYOND MEAT
JBS
T
Tyson
Representative Retailers/Distributors (1)
coles
Wakefern
FOOD CORP®
Woolworths
GROCERYOUTLET
bargain market
SPROUTS
Top 25 Customers
Have been with Americold for an
average of 30+ years
12 customers are investment grade (2)
100% utilize multiple facilities
100% utilize technology integration
92% utilize value-add services
88% utilize committed contracts or leases
60% are in fully dedicated sites
Walmart
Kroger
Note: Excludes properties acquired from Agro Merchants Group.
FARMERS MARKET
Smart&Final.
48% utilize transportation and
consolidation services
25 largest customers account for approximately 55% (3) of warehouse
revenues, with no customer generating more than 8% (3) of revenues
8
(1)
(2)
Not all customers shown are in COLD's top 25 largest customers in the warehouse segment
Represents long-term issuer ratings as of 4Q20
(3)
Based on LTM warehouse revenues as of December 31, 2020. Figures pro forma for the acquisition of Caspers and AM-C Warehouse, including 4 month of COLD ownership and the 8 months of prior ownership, americOLD.
and the acquisition of Halls, including 2 months of COLD ownership and 10 months of prior ownershipView entire presentation