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Reddy Ice Announces Agreement to Acquire Arctic Glacier
The acquisition combines two leading North American ice providers; Reddy Ice will divest multiple facilities and contracts to meet DOJ antitrust requirements.
- On Jan. 30, 2026, Reddy Ice announced an agreement to acquire Arctic Glacier from Carlyle in a Dallas PR Newswire release, though terms were not disclosed.
- Company executives said the deal combines geographically complementary platforms to better serve customers across North America and expects increased operational efficiency across a diverse US, Mexico and Canada footprint.
- Arctic Glacier operates 77 manufacturing facilities and distribution centers and serves over 70,000 customers, producing over 2.5 billion pounds of premium ice annually for retail channels.
- In connection with the DOJ Antitrust Division's review, Reddy Ice will divest four facilities in Mukilteo and Lakewood, WA, Coeur d'Alene, ID, Brawley, CA, and customer contracts in Oregon and the New York and Boston metropolitan areas.
- With advisers on both sides, Reddy Ice, a portfolio company of SCI Capital Partners LP, and seller Carlyle used Latham & Watkins LLP and BMO Capital Markets Corp. for Reddy Ice and Debevoise & Plimpton LLP and Deutsche Bank for Arctic Glacier.
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Reddy Ice Announces Agreement to Acquire Arctic Glacier
DALLAS, Jan. 30, 2026 /PRNewswire/ -- Reddy Ice, LLC ("Reddy Ice") today announced an agreement to acquire Arctic Glacier, LLC, a North American provider of premium ice products and services, from Carlyle (NASDAQ: CG). Terms of the transaction were not…
·Denton, United States
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