About Reddy Ice
Reddy Ice is a company based in Dallas (United States) founded in 1927 was acquired by Stone Canyon Industries in May 2019. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Reddy Ice has completed 3 acquisitions, including Aguafria, Arctic Glacier and Triangle Ice. Reddy Ice offers products and services including Premium Packaged Ice, Premium Packaged Block Ice, Gourmet Ice, Dry Ice, and Premium Craft Ice. Reddy Ice operates in a competitive market with competitors including LUX ICE, Abstract Ice, Fat Ice, Dry Ice Columbus and Mixicles, among others.
- Headquarter Dallas, United States
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Sectors
ConsumerRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Reddy Ice Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Aguafria
& 2 more
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Acquired by
Stone Canyon Industries
(May 30, 2019)
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Products & Services of Reddy Ice
Reddy Ice offers a comprehensive portfolio of products and services, including Premium Packaged Ice, Premium Packaged Block Ice, Gourmet Ice, Dry Ice, and Premium Craft Ice. 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.
Packaged ice is provided for retail and events.
Block ice is offered for various cooling needs.
High-quality ice is crafted for premium beverage use.
Dry ice is supplied for specialized cooling purposes.
Craft ice is designed for upscale event experiences.
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Funding Insights of Reddy Ice
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Reddy Ice
Reddy Ice has secured backing from 1 investor. Prominent investors backing the company include Stone Canyon Industries. 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.
| Investor | Description | Founded Year | Domain | Location |
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Provider of manufacturing services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Reddy Ice
Reddy Ice has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Aguafria, Arctic Glacier and Triangle Ice. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manufacturer of ice cubes
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1996 | ||||
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Food production services are provided in Savannah, United States.
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1987 | ||||
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Ice products are manufactured and distributed across Mexico by Aguafria.
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1890 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Reddy Ice
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reddy Ice Comparisons
Competitors of Reddy Ice
Reddy Ice operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LUX ICE, Abstract Ice, Fat Ice, Dry Ice Columbus and Mixicles, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Dry ice for beverages is supplied by LUX ICE online.
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| domain | founded_year | HQ Location |
Brand of ice cubes
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| domain | founded_year | HQ Location |
Provider of ice cubes for consumers
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| domain | founded_year | HQ Location |
Dry ice production and distribution company
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| domain | founded_year | HQ Location |
Ice cubes are branded and distributed by Mixicles.
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| domain | founded_year | HQ Location |
Packaged ice is supplied and delivered by Cosner Ice services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Reddy Ice
Frequently Asked Questions about Reddy Ice
When was Reddy Ice founded?
Reddy Ice was founded in 1927.
Where is Reddy Ice located?
Reddy Ice is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Reddy Ice?
Deb Conklin is the current CEO of Reddy Ice.
What does Reddy Ice do?
Reddy Ice is established as the leading manufacturer and distributor of packaged ice products across the United States. A wide range of ice products, including packaged ice, block ice, gourmet ice, dry ice, and craft ice, is offered to various sectors such as supermarkets, convenience stores, drug stores, airlines, construction, emergency services, and catering. Services like direct store delivery, merchandising, in-store manufacturing through the proprietary Ice Factory system, cold storage, and emergency management are provided. Distribution capabilities are leveraged to anticipate customer needs based on weather, historical data, and inventory, ensuring proactive delivery scheduling. Support is extended to major retail chains, regional outlets, and local establishments coast to coast, with a focus on exceptional customer service and flexible solutions.
Who are the top competitors of Reddy Ice?
Reddy Ice's top competitors include LUX ICE, Abstract Ice and Cosner Ice.
What products or services does Reddy Ice offer?
Reddy Ice offers Premium Packaged Ice, Premium Packaged Block Ice, Gourmet Ice, Dry Ice, and Premium Craft Ice.
How many acquisitions has Reddy Ice made?
Reddy Ice has made 3 acquisitions, including Aguafria, Arctic Glacier, and Triangle Ice.
Who are Reddy Ice's investors?
Reddy Ice has 1 investor. Key investors include Stone Canyon Industries.