GlacierPoint EnterprisesGlacierPoint Enterprises, Inc. acquires Arctica Frozen Solutions
Adds a direct-store-delivery distributor of ice cream, novelties and frozen products covering Central and South Florida with over 4,600 delivery points to the Mill Point Capital-backed platform.
Takeaways
- Arctica Frozen Solutions is a direct store delivery distributor of ice cream, novelties and frozen products.
- GlacierPoint Enterprises is acquiring Arctica Frozen Solutions with backing from Mill Point Capital.
- The target serves convenience, drug, grocery, and value retail across Florida, USA.
GlacierPoint Enterprises, Inc., a Mill Point Capital-backed full-service direct store delivery distributor of ice cream and frozen products, has acquired Arctica Frozen Solutions, a direct-store-delivery distributor of ice cream, novelties and frozen products covering Central and South Florida.
The add-on, GlacierPoint's eighth since inception, adds over 4,600 delivery points and extends the platform's footprint into a market with year-round demand for single-serve and novelty formats.
Arctica, headquartered in Miami, serves convenience, drug, grocery, and value retail outlets.
"Arctica reflects clear execution of the disciplined M&A strategy at the core of our Value Creation Plan for GlacierPoint," added Sebastian Bustamante, Principal at Mill Point Capital.
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