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Arctic Glacier Announces Acquisition Of North Star Ice Alongside Opening Of New Production Facility

May 11, 2022•over 3 years ago

Acquiring Company

Arctic Glacier

Acquired Company

North Star Ice

Philadelphia

Description

Arctic Glacier, LLC, a leading provider of premium ice products and related services, announces the acquisition of North Star Ice Ltd. of London Ontario alongside the grand opening of a new state-of-the-art production facility in Montreal, Quebec. The transaction and new Montreal facility further enhances the North American ice company’s longstanding presence as Canada’s largest ice manufacturer and distributor.

Company Information

Company

Arctic Glacier

Location

Philadelphia, Pennsylvania, United States

About

Arctic Glacier is North America’s leading manufacturer and direct-to-store distributor (DSD) of premium quality packaged ice, ice equipment and related services. Since its start in 1882, Arctic Glacier has grown significantly through strategic acquisitions and organically. Today, as the largest producer of packaged ice in Canada and one of the two largest within the United States, Arctic Glacier proudly serves over 75,000 retail, commercial and industrial customers. Arctic Glacier currently operates 50 production and 60 distribution facilities across North America. Arctic Glacier was acquired by the Carlyle Group in 2017 and is well financed and strongly positioned in Carlyle’s Core Infrastructure Fund. Arctic Glacier has career opportunities in Distribution for CDL Drivers, in Production, Manufacturing, as well as Management positions. Please visit our career webpage at CareerAG.com for more information. #arcticglaciercareers #arcticglacierCDLjobs #rewardingwork #strongvalues

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M&A Insights

Based on deal data
Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed