Americold announces that China Merchants Americold (Hong Kong) Holdings Co., Ltd. (CMAC) and Yum! China signed a Strategic Alliance Framework Agreement to cooperate on the outsourcing and relocation of selected logistics centers for Yum! China and the establishment of new logistics centers in the future. The initial projects under the cooperation framework encompass the relocation and outsourcing of Yum! China’s Beijing and Harbin Logistics Centers long term service contract.

    “The cooperation between Yum! China and CMAC is a strategic milestone in the development of outsourcing and third party logistics in China,” Neal Rider, President of Americold International Operations and CEO of CMAC, said in a statement. “Yum! China has been fast growing and our cooperation will allow Yum! to support the growth in its restaurant units with a flexible distribution infrastructure, while ensuring service reliability, product and temperature integrity and competitive cost. Yum! operates the largest integrated temperature controlled distribution network in China today and we are honored that they have chosen us to be their long term strategic partner.”

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