M&A Deal Summary

Americold Realty Trust Acquires AGRO Merchants Group

On December 30, 2020, Americold Realty Trust acquired real estate company AGRO Merchants Group from Oaktree Capital Management

Acquisition Highlights
  • This is Americold Realty Trust’s 6th transaction in the Real Estate sector.
  • This is Americold Realty Trust’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2020-12-30
Target AGRO Merchants Group
Sector Real Estate
Buyer(s) Americold Realty Trust
Sellers(s) Oaktree Capital Management
Deal Type Add-on Acquisition

Target

AGRO Merchants Group

Schiphol, Netherlands
AGRO Merchants Group LLC is a provider of an innovative cold chain solution. AGRO Merchants owns and operates over 7.7 million cubic meters of temperature-controlled warehouse and distribution space in the U.S, UK, Austria, Ireland, Spain, Portugal, Poland, Australia, Brazil, Chile, and the Netherlands. AGRO Merchants was founded in 2013 and is based in Schiphol, Netherlands.

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Buyer(S) 1

Buyer

Americold Realty Trust

Atlanta, Georgia, United States

Category Company
Sector Real Estate
Employees13,755
Revenue 2.7B USD (2024)
DESCRIPTION

Americold Realty Trust is a REIT focused on the ownership, operation, and development of temperature-controlled warehouses. Americold owns and operates temperature-controlled warehouses in the United States, Australia, New Zealand, Canada, and Argentina. Americold’s facilities are an integral component of the supply chain connecting food producers, processors, distributors, and retailers to consumers. Americold Realty Trust is based in Atlanta, Georgia.


DEAL STATS #
Overall 7 of 7
Sector: Real Estate M&A 6 of 6
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Netherlands M&A 1 of 1
Year: 2020 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-05 Hall’s Warehouse

South Plainfield, New Jersey, United States

Hall’s Warehouse Corp. is a family owned and operated third party logistic and ware house provider. The Hall’s Warehouse Corporation portfolio consists of eight facilities in Northern New Jersey, totaling 58 million cubic feet and 200,000 pallet positions. Hall’s Warehouse was founded in 1965 and is based in South Plainfield, New Jersey.

Buy $480M

Seller(S) 1

SELLER

Oaktree Capital Management

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1995
PE ASSETS 26.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Oaktree Capital Management LLP is a global alternative investment firm with a variety of investment strategies spanning corporate debt, convertible securities, distressed debt, control investing, real estate, and public investing. The Firm's control investing group is spread across several disciplines, including Global Principal, European Principal, Power, and Infrastructure. Oaktree was formed in 1995 and is based in Los Angeles.


DEAL STATS #
Overall 69 of 90
Sector: Real Estate M&A 4 of 4
Type: Add-on Acquisition M&A Deals 30 of 39
Country: Netherlands M&A 1 of 1
Year: 2020 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-08 System One

Pittsburgh, Pennsylvania, United States

System One is a provider of managed staffing and technical outsourcing solutions to improve productivity, specializing in the energy, engineering, information technology, commercial and scientific sectors. System One is the sixth largest engineering staffing companies and the forty-second largest staffing company overall in the U.S. System One is based in Pittsburgh, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Col Group

Trofarello, Italy

Col Group is a provider of critical components and solutions for medium and high voltage electrical infrastructure. Col Group has been working with key global utilities and industrial players and has developed a highly innovative technology portfolio in medium voltage switchgear, substation automation, battery control systems and several other smart grid applications. Col Group was founded in 1920 and is based in Trofarello, Italy.

Buy -