M&A Deal Summary

Easy Ice Acquires Norm s Refrigeration & Ice Equipment - Ice Machine Service and Leasing Division

On October 1, 2024, Easy Ice acquired machinery company Norm s Refrigeration & Ice Equipment - Ice Machine Service and Leasing Division from Norm s Refrigeration & Ice Equipment

Acquisition Highlights
  • This is Easy Ice’s 7th transaction in the Machinery sector.
  • This is Easy Ice’s 16th transaction in the United States.
  • This is Easy Ice’s 3rd transaction in California.

M&A Deal Summary

Date 2024-10-01
Target Norm s Refrigeration & Ice Equipment - Ice Machine Service and Leasing Division
Sector Machinery
Buyer(s) Easy Ice
Sellers(s) Norm s Refrigeration & Ice Equipment
Deal Type Divestiture

Target

Norm s Refrigeration & Ice Equipment - Ice Machine Service and Leasing Division

Anaheim, California, United States
Norm's Refrigeration & Ice Equipment's Ice Machine Service and Leasing Division is a provider of refrigeration, ice machine and leasing services.

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Buyer(S) 1

Buyer

Easy Ice

Marquette, Michigan, United States

Category Company
Founded 2009
Sector Machinery
DESCRIPTION

Easy Ice engages in full-service ice machine subscription industry. Easy Ice’s commercial ice machine subscription programs include installation, cleaning, preventive maintenance, repairs, backup ice, and peak demand ice. Easy Ice was established in 2009 and is based in Marquette, Michigan.


DEAL STATS #
Overall 16 of 17
Sector (Machinery) 7 of 8
Type (Divestiture) 6 of 7
State (California) 3 of 3
Country (United States) 16 of 17
Year (2024) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-01 High Standard Icemakers

Loves Park, Illinois, United States

High Standard Icemakers provides ice-making and ice-storage equipment. High Standard Icemakers was founded in 1988 and is based in Loves Park, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-01 Armadillo Services - Ice Machine Leasing Division

Amarillo, Texas, United States

Armadillo Services's Ice Machine Leasing Division offers leasing of ice machines of all kinds. The Division is based in Amarillo, Texas.

Buy -

Seller(S) 1

SELLER

Norm s Refrigeration & Ice Equipment

Anaheim, California, United States

Category Company
Founded 1957
Sector Distribution
DESCRIPTION

Norm's Refrigeration & Ice Equipment is a wholesale distributor of commercial ice machines, refrigeration equipment, beverage dispensing equipment and filtration systems. Norm's Refrigeration & Ice Equipment was founded in 1957 and is based in Anaheim, California.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1