M&A Deal Summary

Arctic Glacier Acquires North Star Ice

On May 11, 2022, Arctic Glacier acquired beverage company North Star Ice

Acquisition Highlights
  • This is Arctic Glacier’s 4th transaction in the Beverages sector.
  • This is Arctic Glacier’s 1st transaction in Canada.
  • This is Arctic Glacier’s 1st transaction in Ontario.

M&A Deal Summary

Date 2022-05-11
Target North Star Ice
Sector Beverages
Buyer(s) Arctic Glacier
Deal Type Add-on Acquisition

Target

North Star Ice

London, Ontario, Canada
North Star Ice is a producer and delivers quality packaged ice products to the retail grocery, hospitality, and recreation industries. North Star Ice was founded in 1954 and is based in London, Ontario.

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Buyer(S) 1

Buyer

Arctic Glacier

Winnipeg, Manitoba, Canada

Category Company
Founded 1996
Sector Beverages
DESCRIPTION

Arctic Glacier is a producer, marketer and distributor of packaged ice, with a strong and loyal customer base across Canada and much of the northern, central and western United States. Arctic Glacier was founded in 1996 and is based in Winnipeg, Manitoba.


DEAL STATS #
Overall 9 of 9
Sector: Beverages M&A 4 of 4
Type: Add-on Acquisition M&A Deals 9 of 9
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-10 ICEsurance

Mamaroneck, New York, United States

ICEsurance provides full-service ice machine leasing solutions to help customers feel relaxed and confident when it comes to their ice needs. The company's program includes ice machine selection, installation, ongoing service and maintenance, cleaning and sanitizing, and free emergency back-up service. ICEsurance is based in Mamaroneck, New York.

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