Arctic Glacier, LLC, a leading producer and distributor of packaged ice products, today announced the acquisition of Superior Ice Company Inc. Linton, IN and Indianapolis, IN. Superior is a market leader in the Indiana marketplace and has built a fantastic reputation for providing a premium quality product along with superior customer service. The acquisition further strengthens Arctic Glacier’s rapidly expanding presence in the Midwest. The transaction represents the 8th acquisition in the last year. Financial terms of the private transaction were not disclosed.
"With Arctic Glacier’s recent acquisition of Cosner Ice in Indiana, the merging of the two businesses made perfect sense. The timing of this deal worked out well for myself and my partners, and we are happy to be transitioning our business to a first-class organization," said Blaine Lannan, President of Superior Ice
"Superior Ice has been highly regarded over the years for their dedicated team, quality service and customer support. This transaction greatly increases our service capacity in Indiana and expands our delivery footprint allowing us to reach even more customers. We’re very excited to continue to grow our business in the Midwestern United States." said Richard Wyckoff, CEO of Arctic Glacier.
The acquisition of Superior, combined with our new Kansas City super-plant, the industries most advanced state-of-the-art premium quality ice production facility, and the recent acquisition of Cosner Ice in December 2019, demonstrates our clear commitment to providing the necessary resources to better support our customers in the marketplace" states Wyckoff.
About Arctic Glacier, LLC
Arctic Glacier is a leading producer, marketer and distributor of high-quality packaged ice to consumers in Canada and the United States, primarily under the brand name of Arctic Glacier Premium Ice. Arctic Glacier operates 49 production plants and 49 distribution facilities across Canada and the northeastern, central and western United States servicing more than 75,000 retail accounts. Arctic Glacier also licenses its trade names and proprietary technology to independently owned companies in Canada and the United States under franchise and license agreements. The company has grown both organically and through acquisitions to become a leader in the packaged ice industry. For additional information, please visit www.arcticglacier.com.
Arctic Glacier, LLC
Chief Financial Officer