Arctic Glacier Acquired by Reddy Ice — Consumer M&A

Reddy Ice has completed the acquisition of Arctic Glacier, a consumer other business in Washington, for $477 billion. Arctic Glacier acquisition supports Reddy Ice acquisitions in the packaged ice and beverage cooling supply chain, serving retail and foodservice customers with ice products. Reddy Ice acquisitions expand consumer M&A footprint through a WA acquisitions add on acquisition strategy focused on strengthening regional distribution and product availability. The closed add on acquisition is a private equity acquisition, with deal terms reported at $477 billion and positioned as a bolt-on to accelerate growth in consumer deals WA.