M&A Deal Summary

Easy Ice Acquires OBCO Chemical - Ice machine division

On September 15, 2023, Easy Ice acquired chemicals company OBCO Chemical - Ice machine division from OBCO Chemical

Acquisition Highlights
  • This is Easy Ice’s 1st transaction in the Chemicals sector.
  • This is Easy Ice’s 9th transaction in the United States.
  • This is Easy Ice’s 2nd transaction in South Carolina.

M&A Deal Summary

Date 2023-09-15
Target OBCO Chemical - Ice machine division
Sector Chemicals
Buyer(s) Easy Ice
Sellers(s) OBCO Chemical
Deal Type Divestiture

Target

OBCO Chemical - Ice machine division

North Charleston, South Carolina, United States
OBCO Chemical's Ice machine division provides ice machine services. OBCO Chemical's Ice machine division is based in North Charleston, South Carolina.

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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 9 of 21
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 4 of 9
State: South Carolina M&A 2 of 2
Country: United States M&A 9 of 21
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-13 San Diego Ice Company - Ice Machine Division

San Diego, California, United States

San Diego Ice Company's Ice Machine Division provides ice machines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-04 Southwest Refrigeration

Fort Myers, Florida, United States

Southwest Refrigeration is a distributor of all major commercial and residential refrigeration equipment including Manitowoc, Hozhizaki, Ice-O-Matic, True refrigeration systems, Scotsman, and Master-Bilt refrigeration systems. Southwest Refrigeration is based in Fort Myers, Florida.

Buy -

Seller(S) 1

SELLER

OBCO Chemical

North Charleston, South Carolina, United States

Category Company
Founded 1976
Sector Chemicals
DESCRIPTION

OBCO Chemical is a chemical manufacturing company that supplies janitorial chemicals, cleaning supplies, and equipment. OBCO Chemical was founded in 1976 and is based in North Charleston, South Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: South Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1