Manufacturer of industrial refrigeration and food processing equipment

About Arico

Arico is a company was acquired by Hoshizaki in December 2024.. Arico offers products and services including UNI-IMPINGEMENT MESH BELT IQF, Insulated EUPA Panel, Batch Freezer, and Ice Generation System.

  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Asia Refrigeration Industry Joint Stock Company
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Hoshizaki

    (Dec 20, 2024)

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Products & Services of Arico

Arico offers a comprehensive portfolio of products and services, including UNI-IMPINGEMENT MESH BELT IQF, Insulated EUPA Panel, Batch Freezer, and Ice Generation System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Freezer for rapid food preservation and processing

Panels for efficient refrigeration structures

Freezer for batch food freezing operations

System for ice production and storage

Funding Insights of Arico

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Arico

Arico has secured backing from 1 investor. Prominent investors backing the company include Hoshizaki. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Commercial freezers, refrigerators, and beverage dispensers are manufactured.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Arico

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Arico

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Arico Comparisons

Employees
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Competitors of Arico

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Arico

Frequently Asked Questions about Arico

What does Arico do?

Manufacturer of industrial refrigeration and food processing equipment. It designs and builds complete food processing plants, including refrigeration systems, processing lines, freezing equipment, and cold storage facilities. Products include individual quick freezers (IQFs), air blast freezers, contact freezers, ice machines, and various food processing equipment. The company also provides design, build, installation, and maintenance services for industrial refrigeration systems and building insulation. Its offerings cater to the food and beverage, pharmaceutical, and other related industries.

What products or services does Arico offer?

Arico offers UNI-IMPINGEMENT MESH BELT IQF, Insulated EUPA Panel, Batch Freezer, and Ice Generation System.

Who are Arico's investors?

Arico has 1 investor. Key investors include Hoshizaki.

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