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Expansion Mar 2024 Verified

Arctic Industries to Expand into HVAC Enclosures Post-Acquisition

Following its acquisition by Kinzie Capital Partners, Arctic Industries plans to leverage its manufacturing capabilities to grow into adjacent product categories, including HVAC enclosures, environmental test chambers, and other cold storage solutions.

“The acquisition positions Arctic for substantial growth in a fragmented market with an opportunity to leverage its bi-coastal manufacturing capabilities to grow market share and expand relationships with leading food service dealers and end users, in addition to adjacent product categories, including HVAC enclosures, environmental test chambers, and other cold storage solutions”

Entities

Arctic Industries · Target Kinzie Capital Partners LP · Sponsor
HVACRefrigeration Sentiment: Positive
Source: www.achrnews.com

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