Stone Canyon Industries Holdings to acquire Reddy Ice.

Stone Canyon Industries, a global industrial holding company, agreed to acquire Reddy Ice, a manufacturer and distributor of packaged ice in the United States, from Centerbridge Partners, a private investment management firm. Financial terms were not disclosed. "This investment represents the next step in our plan to build a diversified industrial conglomerate. We look forward to building on the success created by Reddy Ice CEO Deb Conklin, Chairman Bill Corbin and their entire team as we transition to this new phase in the company's future," James Fordyce, SCIH Co-CEO.