Business
Reddy Ice Announces Successful Closing of the Acquisition of Arctic Glacier
Reddy Ice, LLC ("Reddy Ice") today announced the successful closing of the acquisition of Arctic Glacier, LLC, a North American provider of premium ice products and services, from Carlyle (NASDAQ: CG). Terms of the transaction were not disclosed.
About this update from The Carlyle Group Inc.
[{"type":"text","content":"DALLAS, Feb. 18, 2026 /PRNewswire/ -- Reddy Ice, LLC ("Reddy Ice") today announced the successful closing of the acquisition of Arctic Glacier, LLC, a North American provider of premium ice products and services, from Carlyle (NASDAQ: CG). Terms of the transaction were not disclosed.","length":294,"tagName":"p"},{"type":"image","alt":"Reddy Ice Logo","displaySize":"","headline":null,"caption":"Reddy Ice Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":175,"url":"https://media.zenfs.com/en/prnewswire.com/e25c15ecc3f007bbaf960ebe5a6406c4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/pmaWjExXnLCbT1MmhFVjfw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMwODtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/e25c15ecc3f007bbaf960ebe5a6406c4","width":400,"height":175}},"href":"https://mma.prnewswire.com/media/2916219/ReddyIce_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Reddy Ice is a portfolio company of SCI Capital Partners LP ("SCI") and a leading manufacturer and distributor of packaged ice in the United States and Mexico.","length":169,"tagName":"p"},{"type":"text","content":""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," said Lonny Warner, Chief Executive Officer of Reddy Ice and a member of the Company's Board of Directors. "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."","length":839,"tagName":"p"},{"type":"text","content":"In connection with the DOJ Antitrust Division's review of the transaction, Reddy Ice will be divesting four of its facilities and associated customer contracts in Mukilteo & Lakewood, WA, Coeur d' Alene, ID, and Brawley, CA, as well as customer contracts in Oregon and in the New Y...