H.I.G. Capital Acquires Arctic Glacier

Global private equity investment firm H.I.G. Capital has acquired Arctic Glacier, a Winnipeg, Canada-based producer, marketer and distributor of packaged ice.

Led by President and CEO Keith McMahon, the new company, Arctic Glacier Holdings, Inc., will continue to operate under the Arctic Glacier name.
It operates a network of 39 production plants and 48 distribution facilities and services more than 75,000 retail locations.
Arctic Glacier also sells other products such as bottled water, dry ice, packaged wood, rock salt and sells and leases ice-making and dispensing equipment in certain markets.



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