Americold Expands Into Convenience Store Distribution Through Partnership With On the Run
Americold (NYSE: COLD) announced on Dec 23, 2025 a partnership with Australian convenience retailer On the Run (OTR) to provide storage and distribution services in Adelaide and to support OTR’s rapid national expansion.
Rhea-AI Summary
Americold (NYSE: COLD) announced on Dec 23, 2025 a partnership with Australian convenience retailer On the Run (OTR) to provide storage and distribution services in Adelaide and to support OTR’s rapid national expansion.
The agreement extends Americold’s Asia-Pacific experience—supporting supply chains for more than 1,500 QSR locations—into petrol & convenience retail, and aligns with Americold’s 2026 growth priority to expand into adjacent sectors and invest in Australia and New Zealand.
Positive
- Signed partnership to provide storage and distribution for OTR in Adelaide (Dec 23, 2025)
- Proven scale: supports supply chains for >1,500 QSR locations in Asia‑Pacific
- Strategic expansion into convenience retail as a 2026 growth priority
Negative
- None.
Details
News Market Reaction – COLD
On Dec 23, the day this news came out, COLD closed 1.37% below the previous close.
Data tracked by StockTitan Argus for the Dec 23 session.
Key Figures
- Current price
- $12.37
- Pre-news trading level vs 52-week range
- 52-week range
- $10.10–$23.52
- Price stood 22.48% above low and 47.41% below high
- QSR locations served
- More than 1,500 locations
- Asia-Pacific quick service restaurant supply chains
- QSR brands
- Five major brands
- Existing Asia-Pacific QSR customer base
- Growth priority year
- 2026
- Expansion into new sectors named as key growth priority
- Market cap
- $3,478,073,189
- Equity value prior to partnership announcement
- 200-day moving average
- $15.65
- Stock trading below long-term trend level
- Price change
- 1.31%
- 24-hour move ahead of the partnership news
Historical Context
-
Maintained Q4 2025 dividend with 5% year-over-year increase.
-
Conference participation with reaffirmed full-year 2025 financial outlook.
-
Named 2025 GRESB Sector Leader for sustainability excellence.
-
Q3 2025 revenue decline, net loss and softer same-store metrics.
-
New export certification and strong audit results in Ireland.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
temperature-controlled logistics technical
cold chain technical
qsr technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Collaboration Delivers High-Performance, Integrated Supply Chain Solutions to Support OTR’s Rapid Growth Across Australia in Petrol & Convenience (“P&C”)
ATLANTA and ADELAIDE, Australia, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD) (“Americold” or the “Company”), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced a new partnership with On the Run (“OTR”), one of Australia’s most recognized P&C brands. Americold will provide storage and distribution services to support OTR’s supply chain in Adelaide and its rapid national expansion.
Americold’s ability to manage fast-turning, high-touch, high-service inventory has been a cornerstone of its success in the Quick Service Restaurant (“QSR”) sector. In Asia-Pacific alone, Americold supports supply chains for more than 1,500 QSR locations across five major brands – a proven model that translates well to convenience retail. Building on this foundation, Americold is extending its expertise into the convenience segment through its partnership with OTR.
“Our team in Asia-Pacific has done an outstanding job of developing a strong leadership position in the QSR space, serving an impressive roster of some of the world’s most recognized brands,” said Rob Chambers, Chief Executive Officer of Americold. “With the addition of On the Run, we are now expanding this expertise into the convenience store market with another well-known industry leader. Expanding into new sectors is one of our key growth priorities for 2026, and we look forward to capturing additional opportunities in the new year.”
For OTR, this partnership comes at a critical time of rapid growth.
“What set Americold apart was their customer-first mindset, adaptability in navigating dynamic demands, and their speed and accuracy in execution, especially through this period of rapid national expansion for our business,” said Ralph Armiento, General Manager (Supply Chain), OTR Group. “We are confident that Americold’s dedication and innovative approach will be instrumental as OTR grows and continues to serve our communities and guests, helping us consistently deliver a ‘Never Run Out’ promise every single day.”
Australia and New Zealand represent significant opportunities for cold chain innovation, and Americold’s investments and operational readiness position the Company to meet evolving consumer expectations for freshness and convenience. This partnership is an important step in Americold’s expansion into adjacent sectors and underscores its commitment to building enduring relationships that create long-term value.
“This partnership reflects Americold’s ability to handle fast-turning, high-touch, high-service business models for multi-unit operators,” said Richard Winnall, President, International, Americold. “Our Adelaide operations are designed for speed, accuracy, and flexibility, which are critical for P&C retail. We look forward to growing our relationship with OTR and continuing to invest in Australia and New Zealand, markets with significant potential for cold chain innovation.”
About Americold Realty Trust, Inc.
Americold (NYSE: COLD) is a global leader in temperature-controlled logistics and real estate, with a more than 120-year legacy of innovation and reliability. With more than 230 facilities across North America, Europe, Asia-Pacific, and South America – totaling approximately 1.4 billion refrigerated cubic feet – Americold ensures the safe, efficient movement of refrigerated products worldwide.
Our facilities are an integral part of the global food supply chain, connecting producers, processors, distributors, and retailers with tailored, value-added services supported by responsive and reliable supply chains. Leveraging deep industry expertise, smart technology, and sustainable practices, Americold delivers world-class service that creates lasting value for our customers and the communities we serve. Visit www.americold.com to learn more.
Contacts:
Americold Realty Trust, Inc.
Investor Relations
Telephone: 678-459-1959
Email: investor.relations@americold.com
Media Relations
Telephone: 762-821-9631
Email: mediarelations@americold.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.