americOLD Global Market Leadership and Growth Strategy
Acquisition of Nova Cold Logistics
Transaction Overview
With the addition of facilities located in Toronto, Calgary and Halifax,
the acquisition of Nova Cold Logistics establishes Americold's platform in Canada
In January 2020, COLD closed on the acquisition of Nova Cold Logistics
from Brookfield Business Partners for ~CAD $339mm
Newly constructed facilities - built between 2004 through 2018 with
eight acres of adjoining land available for expansion
Located in attractive markets offering national coverage to growing
customer demand
Significant overlap of diverse, blue chip customers
■ Potential synergies to be achieved through COLD's commercialization
platform and the Americold Operating System
Facilities at a Glance
Facilities
Toronto
Calgary
Halifax (2)
BC
AB
ON
Nova Cold Logistics
Calgary, Alberta
NS
Cubic Feet
~23.5mm cubic feet
Nova Cold Logistics
Existing COLD Managed Facilities
Pallet
Positions
~81K pallet positions
18
americOLD.View entire presentation