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  6. CES Nationwide Acquires Hiebing’s Refrigeration

M&A Deal Summary

CES Nationwide Acquires Hiebing’s Refrigeration

On May 27, 2021, CES Nationwide acquired business services company Hiebing’s Refrigeration

Acquisition Highlights
  • This is CES Nationwide’s 1st transaction in the Business Services sector.
  • This is CES Nationwide’s 1st transaction in the United States.
  • This is CES Nationwide’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2021-05-27
Target Hiebing’s Refrigeration
Sector Business Services
Buyer(s) CES Nationwide
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target

Hiebing’s Refrigeration

DeForest, Wisconsin, United States
Hiebing’s Refrigeration rents sell, and services quality commercial ice making equipment and refrigeration equipment, including Manitowoc, Koolaire, Scotsman, Ice-O-Matic, Hoshizaki, True, Nor-Lake, and Leer equipment. Hiebing’s Refrigeration was founded in 1984 and is based in DeForest, Wisconsin.

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Buyer(S) 1

Buyer

CES Nationwide

Chicago, Illinois, United States
Category Company
Founded 2000
Sector Machinery
DESCRIPTION

CES Nationwide is a provider of disposable packaging, supplies, equipment, and equipment-related service primarily to the food retail and foodservice industries throughout Illinois and Wisconsin. CES was started with the vision to provide a one-stop-shop solution to the food industry. CES Nationwide was founded in 2000 and is based in Chicago, Illinois.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Wisconsin M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
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