Americold Realty Trust, Inc. announced a strategic investment into RSA Cold Chain in Dubai. At close, Americold’s investment is $3.9 million for the Company’s share (49%) of RSA Cold Chain equity.
This partnership will provide a scalable, investable operating platform for market entry and expansion in the Middle East and India. RSA Cold Chain is an established cold storage operator in Dubai that began operations in 2017 and is a subsidiary of the parent company RSA Global. Americold will take a minority ownership position in RSA Cold Chain with immediate plans to expand locally, connect RSA to its global network, and pursue strategic development opportunities in the Middle East and surrounding markets. RSA Cold Chain is led by Abhishek Shah, who brings significant value to Americold as a strategic partner to establish a new presence in this critical global market.
Abhishek Shah, RSA Cold Chain’s Co-Founder & CEO, commented, “We are absolutely thrilled to partner with Americold, a global player that can connect the world’s food production markets to our region with a seamless service at origin and destination. We are excited to create a regional brand across our markets that our customers can trust.”
George Chappelle, Americold’s Chief Executive Officer, stated “Our partnership with RSA Cold Chain, combined with our recently announced partnership with DP World, provides us an ideal platform to provide supply chain solutions and cold storage capacity in the Middle East and India. These relationships highlight why Americold is a global leader and preferred partner in the temperature-controlled storage warehousing and logistics industry. We are excited to bring our innovative solutions to the region and support our mission to help our customers feed the world.”
Americold Announces Strategic Investment in RSA Cold Chain
Wed Mar 15 09:13:14 CST 2023
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Editor: Amanda
[October 23] Facing Intense Competition, How to Break Through and Expand Overseas? The 4th Summit of the Forum on China HVAC International Trade is Coming Soon!
Facing Intense Competition, How to Break Through and Expand Overseas? On the afternoon of October 23, from 13:00 to 16:30, the " 4th Summit of the Forum on China HVAC International Trade ," co-hosted by the China International Chamber of Commerce Zhejiang Chamber, Zhejiang Association of Refrigeration, and Zhejiang Refrigeration and Air Conditioning Industry Association, and organized by Hangzhou ForMice Exhibition Co., Ltd., will be grandly held at the Hangzhou International Expo Center.
The Fujian Refrigeration Society will organize a delegation of chief engineers to attend RACC 2024!
From October 23 to 25, the Fujian Refrigeration Society will organize a delegation of chief engineers specializing in refrigeration and HVAC from Fujian Province Design Institutes to attend the 4th China International Air Conditioning, Heating, Ventilation, Refrigeration and Cold Chain Expo (RACC 2024) for exchange!
- 3 [Agenda Preview] The 2024 Asia International Heat Pump Development Summit Forum is coming soon!
- 4 Registration is Opening | 1st Summit Forum on Energy Storage and Thermal Management Industry Development
- 5 Numerous overseas businesses are eagerly contacting their Chinese partners, planning to meet at the RACC EXPO!
- 6 The Technology Exchange Conference and New Product Promotion Conference of Zhejiang Daming Refrigeration Technology Co.,Ltd. is about to make a stunning debut!
- 7 Full of business opportunities! Over 100 buyers from India are gathering at RACC 2024 with their purchasing demands.
- 8 10-day countdown | The RACC 2024 Visitor Guide is freshly released, check it out now →
- 9 Serious Statement!
- 10 AHP Exhibitor Recommendation | Dafu Intelligent Technology Co., Ltd., will be exhibiting its products at the AHP Expo 2024!
- 1 [October 23] Facing Intense Competition, How to Break Through and Expand Overseas? The 4th Summit of the Forum on China HVAC International Trade is Coming Soon!
- 2 The Fujian Refrigeration Society will organize a delegation of chief engineers to attend RACC 2024!
- 3 [Agenda Preview] The 2024 Asia International Heat Pump Development Summit Forum is coming soon!
- 4 Registration is Opening | 1st Summit Forum on Energy Storage and Thermal Management Industry Development
- 5 Numerous overseas businesses are eagerly contacting their Chinese partners, planning to meet at the RACC EXPO!
- 6 The Technology Exchange Conference and New Product Promotion Conference of Zhejiang Daming Refrigeration Technology Co.,Ltd. is about to make a stunning debut!
- 7 Full of business opportunities! Over 100 buyers from India are gathering at RACC 2024 with their purchasing demands.
- 8 10-day countdown | The RACC 2024 Visitor Guide is freshly released, check it out now →
- 9 Serious Statement!
- 10 AHP Exhibitor Recommendation | Dafu Intelligent Technology Co., Ltd., will be exhibiting its products at the AHP Expo 2024!
[October 23] Facing Intense Competition, How to Break Through and Expand Overseas? The 4th Summit of the Forum on China HVAC International Trade is Coming Soon!
Facing Intense Competition, How to Break Through and Expand Overseas? On the afternoon of October 23, from 13:00 to 16:30, the " 4th Summit of the Forum on China HVAC International Trade ," co-hosted by the China International Chamber of Commerce Zhejiang Chamber, Zhejiang Association of Refrigeration, and Zhejiang Refrigeration and Air Conditioning Industry Association, and organized by Hangzhou ForMice Exhibition Co., Ltd., will be grandly held at the Hangzhou International Expo Center.
The Fujian Refrigeration Society will organize a delegation of chief engineers to attend RACC 2024!
From October 23 to 25, the Fujian Refrigeration Society will organize a delegation of chief engineers specializing in refrigeration and HVAC from Fujian Province Design Institutes to attend the 4th China International Air Conditioning, Heating, Ventilation, Refrigeration and Cold Chain Expo (RACC 2024) for exchange!
[Agenda Preview] The 2024 Asia International Heat Pump Development Summit Forum is coming soon!
As the transition from coal to electricity in the northern regions reaches its final stage, the heat pump industry faces intensified competition due to overcapacity, putting pressure on revenue and profits. How to break through and find a way out?
Registration is Opening | 1st Summit Forum on Energy Storage and Thermal Management Industry Development
The "1st Summit Forum on Energy Storage and Thermal Management Industry Development" will be held on October 24, 2024, at the Hangzhou Grand Convention and Exhibition Center, Zhejiang.
Numerous overseas businesses are eagerly contacting their Chinese partners, planning to meet at the RACC EXPO!
The event will make a stunning debut at the Hangzhou Grand Convention and Exhibition Center on October 23. On the event, Daming will specifically launch its cold storage source unit products!