Stone Canyon agrees to acquire packaged ice manufacturer Reddy Ice

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30 May, 2019

Author Hassan Aftab
Theme Retail & Consumer Products Banking

Industrial holding company Stone Canyon Industries Holdings LLC agreed to acquire Reddy Ice Holdings Inc. for undisclosed terms.

Reddy Ice is a packaged ice manufacturer majority-owned by funds advised by Centerbridge Partners LP.

Latham & Watkins LLP and Gibson Dunn & Crutcher LLP were the legal advisers to Stone Canyon. BMO Capital Markets Corp., Jefferies LLC and Kirkland & Ellis LLP advised Centerbridge and Reddy Ice.