Americold to record $305-320M impairment on wind-down of two automated facilities with ADUSA

AMERICOLD REALTY TRUST

Entered wind-down agreement with ADUSA Distribution; Lancaster, PA facility to cease operations by Dec 31, 2026; Plainville, CT facility idled immediately.
Expected non-cash impairment charge of $305M to $320M in Q2 2026; net book value of facilities was ~$455M as of June 30, 2026.
No termination fees or penalties; mutual release of claims; parties to expand/renew business in other Americold assets.
Company intends to classify facilities as held for sale in Q3 2026 and market them; impairment does not impact 2026 full-year outlook.

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