Americold Realty Trust Enters Partnership With Jeronimo Martins
MT Newswires Live
May 21
Americold Realty Trust (COLD) has entered into a new long-term agreement with Jeronimo Martins to support retail cold chain and fulfillment operations in Portugal, the company said Thursday.
Under the agreement, Americold will handle storage and store case-pick fulfillment for about 12 million cases of frozen products annually, serving around 300 retail stores, with operations centralized at its Lisbon facility, the company said.
The deal marks its second major European retail win in the past year and reflects the continued expansion of its temperature-controlled logistics platform across Europe, the company added.
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