Americold terminates ADUSA deal, will record $305-320M impairment on two automated facilities

Filed July 23, 2026 · Period ending July 21, 2026 · ~1 min read

Key Changes

• high

  Americold terminated its agreement with ADUSA Distribution (Ahold Delhaize subsidiary) for two purpose-built automated facilities: Lancaster, PA distribution center (winding down by Dec 31, 2026) and Plainville, CT fulfillment center (idled immediately except for short-term ice production). No termination fees assessed.

  Item 2.06 verify on EDGAR →
• high

  The two facilities had a combined net book value of ~$455M as of June 30, 2026. Based on independent appraisals, Americold will record a non-cash impairment charge of $305-320M in Q2 2026, representing a roughly 67-70% writedown.

  Item 2.06 verify on EDGAR →
• medium

  Americold will classify both facilities as held for sale in Q3 2026 and actively market them for disposition. The company may also consider alternative strategies including continued ownership, redevelopment, or remediation.

  Item 2.06 verify on EDGAR →