Americold to Buy Agro Merchants to Expand European Operations

Consolidation in the cold storage industry continues with US temperature-controlled warehouse giant Americold announcing it will acquire the Agro Merchants group for $1.74bn.
 
Agro is the fourth largest temperature-controlled warehouse company globally, the third largest in Europe, and the fourth largest in the United States, and serves over 2,900 customers across a diverse spectrum of commodities.