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Reddy Ice history
Reddy Ice company history timeline
In March 1988 Southland sold Reddy Ice to Kaminski/Engles Capital Corporation for $26 million, with the bulk of the financing provided by Citicorp.
Reddy Ice was hardly a major component of Suiza, and so in 1998 Engles recouped his investment in the company by selling it to Houston-based Packaged Ice Inc. for around $180.8 million in cash.
The company was not highly valued by Wall Street, however, so in 2001 Packaged Ice began to focus on refining its corporate structure.
In May 2003 Reddy Ice Holdings Inc. was formed to house the assets of Packaged Ice, which was also renamed Reddy Ice Group, Inc.
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Reddy Ice competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Flowers Foods | 1919 | $4.3B | 9,200 | 146 |
| United Natural Foods | 1976 | $31.0B | 19,000 | 266 |
| Whole Foods Market | 1978 | $16.0B | 91,000 | 1,570 |
| Kroger | 1883 | $147.1B | 465,000 | 10,525 |
| Buffalo Wild Wings | 1982 | $2.0B | 44,000 | 1,494 |
| Sears Holdings | 2005 | $1.4B | 85,000 | 417 |
| Walgreens | 1901 | - | 210,500 | 20,948 |
| Home City Ice: The Leading Packaged Ice Supplier | 1896 | $180.0M | 1,200 | 14 |
| Loffredo Fresh Foods | 1892 | $11.0M | 75 | 33 |
| Producers Dairy | 1932 | $110.0M | 330 | - |
Reddy Ice history FAQs
Zippia gives an in-depth look into the details of Reddy Ice, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Reddy Ice. The employee data is based on information from people who have self-reported their past or current employments at Reddy Ice. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Reddy Ice. The data presented on this page does not represent the view of Reddy Ice and its employees or that of Zippia.
Reddy Ice may also be known as or be related to Reddy Ice, Reddy Ice Co Inc, Reddy Ice Corporation, Reddy Ice Holdings, Reddy Ice Holdings, Inc. and Reddy Ice LLC.