(BEDFORD) – Bedford-based packaged ice company Cosner Ice Co. Inc. is joining one of the biggest ice-making companies in the U.S.
New Jersey-based Arctic Glacier LLC has acquired Cosner Ice Co. Inc. which currently serves the southern half of Indiana and parts of Kentucky.
The financial terms of the deal were not disclosed.
Cosner Ice Co. Inc. was started in 1971 as an extension to the family’s grocery store, according to the company website. What started out as a side business quickly became the primary business. Today, Cosner Ice produces 240 tons of ice daily.
Inside INdiana Business report that the deal includes subsidiary Cosner Transportation LLC.
“We will be even better positioned, and with greater capacity and capabilities, to service our current and new customers in the mid-western marketplace,” said Jason Cosner co-owner of the company.
Arctic Glacier says the acquisition helps strengthen its presence in the Midwest. The company has purchased eight other smaller ice companies this year and 21 over the last three years.
Glacier operates 49 production plants and 49 distribution facilities across Canada and the northeastern, central and western United States.