# Americold Realty Trust acquires 15% stake in SuperFrio for $28M

Americold Realty Trust entered a strategic joint venture to acquire approximately 15% of SuperFrio, a Brazilian temperature-controlled storage operator, for BRL 118 million (approx. USD 28 million). The transaction is expected to close in Q1 2020.

- Type: Acquisition
- Announced: 2020-02-23
- Where: Brazil
- Value: $28.0M (118.0M BRL)
- Status: announced
- Products: temperature-controlled warehousing

## Companies

- [Americold Realty Trust](https://endata.com/companies/45439.md) (acquirer)
- [SuperFrio Armazéns Gerais SA](https://endata.com/companies/45440.md) (target)

## Sources

- [refindustry.com](https://refindustry.com/news/americold-realty-trust-to-form-strategic-joint-venture-in-brazil/), 2020-02-23: "We are very pleased to announce our partnership with SuperFrio in Brazil."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.