Reddy Ice Enters International Market

DALLAS, TEXAS, September 25, 2024/–Reddy Ice LLC, today announced that it has acquired Fábrica de Hielo Apodaca, S.A. de C.V. (known as Aguafría), the largest ice manufacturer in Mexico, securing its position as the largest manufacturer and distributor of packaged ice products. This is Reddy Ice’s first international acquisition, expanding its leadership position in the US and Mexico markets.

Aguafría, established in 2017, is the leading manufacturer of ice in Mexico and services over 6,000 customers across more than 13,000 locations, supported by a vast network of operational resources and assets. Combining the Reddy Ice and Aguafría portfolios brings value to our customers through expansion of existing international retailers within the grocery, drug, dollar, and mass merchandiser channels. “This acquisition is part of our strategic growth agenda for Reddy Ice, and we are thrilled to welcome Germán Canale and the rest of the Aguafría team to the family,” said Lonny Warner, Reddy Ice CEO.

While the companies will continue to operate autonomously within their respective countries, they will leverage best practices to identify and create synergies to ensure growth. “We are very excited about the opportunity to be part of such a dynamic team” said German Canale, President Aguafría.

Terms of the transaction were not disclosed.

About Reddy Ice

Reddy Ice is the largest manufacturer and distributor of packaged ice products in North America. The Company serves a diverse customer base through a network of over 110 manufacturing facilities and distribution centers. Reddy Ice provides a broad array of product offerings in the marketplace including traditional direct store delivery, warehouse programs, and its proprietary technology, The Ice Factory®. Known for exceptional products, customer service, and industry leading distribution solutions, Reddy Ice serves a wide variety of consumer-packaged goods channels including grocery, mass merchandiser and club stores, convenience stores, drug and dollar stores, as well as non-retail companies such as airlines, construction services, emergency services, and catering and event services.

Contact:

Angie Wallander
(214) 442-1020
awallander@reddyice.com