Americold (COLD) Jumps 5% on Acquisition Offer Buzz

We recently published 10 Stocks on Fire Ahead of 2026. Americold Realty Trust, Inc. (NYSE:COLD) is one of the best performers on Tuesday.

Americold grew its share prices by 4.78 percent on Tuesday to close at $13.36 apiece as investors took path from reports that it has received $1.5 billion worth of acquisition offers for its European operations.

A report by Semafor said on the same day that Americold Realty Trust, Inc. (NYSE:COLD) received acquisition interest from EQT-backed Constellation Cold and I Squared-backed CubeCold for its European operations. One of the named companies also expressed interest in acquiring its Asia Pacific business.

The report followed announcements earlier that Americold Realty Trust, Inc. (NYSE:COLD) has been working with financial advisors to deal with activist investor, Ancora, which had been pushing the company to sell its international operations to focus on North America.

In other news, Americold Realty Trust, Inc. (NYSE:COLD) expanded into convenience store distribution with its official partnership with Australia-based On the Run (OTR).

Under the agreement, the listed firm would provide storage and distribution services to support OTR’s supply chain in Adelaide as well as its national expansion.

“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 CEO Rob Chambers.

 “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.”

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Disclosure: None. This article is originally published at Insider Monkey.