Reddy Ice, the Dallas-based packaged-ice producer owned by SCI Capital Partners, agreed on 30 January to acquire Arctic Glacier from Carlyle for an undisclosed sum.
Why Reddy Ice, LLC (SCI Capital Partners) is buying Arctic Glacier, LLC
Reddy Ice said combining the two complementary businesses would increase operational efficiency across a footprint covering the United States, Mexico and, through Arctic Glacier, Canada.
“We are proud to welcome Arctic Glacier to the Reddy Ice family”
Deal terms and financing
Terms were not disclosed. Reddy Ice operates more than 115 manufacturing, distribution and cold-storage facilities in the United States and Mexico.
Regulatory approvals and timing
In connection with the Justice Department's review, Reddy Ice agreed to divest facilities in Mukilteo and Lakewood, Washington, Coeur d'Alene, Idaho and Brawley, California, together with customer contracts in Oregon and the New York and Boston metropolitan areas. Reddy Ice announced completion on 18 February 2026.
Market context
Carlyle exits after a holding period in which Arctic Glacier expanded through acquisitions and organic growth.
