SCI Capital Partners-backed Reddy Ice completed the acquisition of Arctic Glacier from Carlyle.

SCI Capital Partners-backed Reddy Ice, a manufacturer and distributor of packaged ice products, completed the acquisition of Arctic Glacier, a North American provider of ice products and services, from Carlyle, an American multinational private equity firm. Financial terms were not disclosed. "We are pleased to welcome Arctic Glacier into the Reddy Ice and SCI family and excited about the value we can unlock as a combined organization—for our customers, our team members, and the broader industry. Both companies bring exceptional people and a strong, winning culture, and I look forward to working closely with our teams to realize the full potential of this combination. This is a truly transformational opportunity that advances our mission to make life better by delivering high-quality, innovative products and services in the communities we serve, while partnering with our customers to exceed expectations and providing our team members with a safe, rewarding place to build their careers," Lonny Warner, Reddy Ice Chief Executive Officer and a member of the Company's Board of Directors.