Announced
Synopsis
SCI Capital Partners-backed Reddy Ice, a manufacturer and distributor of packaged ice products, agreed to acquire Arctic Glacier, a North American provider of ice products and services, from Carlyle, an American multinational private equity. Financial terms are not disclosed. "This transaction was a clear and compelling opportunity for strategic growth and value for our shareholders. Both companies share a commitment to the highest quality products and services, and the combined financial strength and operational proficiency will allow us to exceed customer expectations over the long term," Shawn Malleck, SCI Chairman of the Board and Partner.
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