Americold Acquires PortFresh Holdings and Plans to Develop State of the Art Facility

February 4, 2019 Americold Realty Trust

Americold announced that the Company has acquired privately-held PortFresh Holdings, LLC (“PortFresh”), a leading temperature-controlled operator servicing fresh produce trade primarily through the Port of Savannah. In connection with its acquisition of PortFresh, Americold plans to build a new 15 million cubic foot state-of-the-art cold storage facility on adjacent land owned by PortFresh.