Cold Jet

Cold Jet Acquires IceTech to Bring Together the Two Leading Innovators in Dry Ice Technology

The Collaboration of Products and Staff Effectively Enhances the Opportunity to Serve Global Customers

 

Loveland, OH -- (SBWIRE) -- 03/09/2016 -- For the last 18 years, IceTech has designed and manufactured reliable, high-performance dry ice blasting equipment, with the goal of becoming the world's leading solution provider of dry ice blasting systems and technology. Recently they took a big step towards that goal when the negotiations between IceTech and Cold Jet concluded. The result is the acquisition of IceTech by Cold Jet, a move that is sure to benefit both entities in the days, months, and years to come. IceTech and Cold Jet represent the two leading global innovators of dry ice technology – and this announcement is sure to spell a streamlined process for future innovations in dry ice cleaning and production technology.

Cold Jet and IceTech combined now have global facilities in the United States, Canada, Mexico, Denmark, Germany, Poland, Belgium, Spain, Japan, and China. IceTech also brings a versatile dry ice technology portfolio to the table, a fact which did not go unnoticed by Gene Cooke III, President and CEO of Cold Jet "The synergies of staff and products will significantly enhance our opportunities to serve our customers and allows us to continue to be the innovative leader in the industry."

Peer Moerk, Chairman of IceTech, echoed those sentiments, saying "The combined company will be ideally positioned to capture the growth opportunities created by the rapidly evolving dry ice technology…We are excited to become part of the Cold Jet team."

About Cold Jet®
With 30 years of experience, Cold Jet® is the world leader in developing innovative, environmentally responsible cleaning solutions that help companies reduce maintenance costs, enhance product quality, prolong equipment life and improve productivity and worker safety. Cold Jet dry ice cleaning systems are used in a variety of industries and applications, making productive use of recycled carbon dioxide while eliminating the need for chemicals and water in the cleaning process. In addition to dry ice-based cleaning systems, Cold Jet is the leading global provider of high capacity, quality on-site dry ice production equipment – serving both industrial gas and end-user companies around the world – that extrudes the highest density dry ice available. Cold Jet is a private company with global headquarters in Loveland, Ohio and international operations in Europe, Asia, Canada and Mexico.

About IceTech
IceTech was formed in 1998 to design and manufacture reliable, high-performance dry ice blasting equipment, with the goal of becoming the world's leading solution provider of dry ice blasting systems and technology. Today they make a wide range of high-quality, cost-effective, time-saving dry ice blasting equipment that is simply the most economical on the market. By combining an experienced understanding of the market's needs and a dedicated engineering team's capabilities in dry ice blasting equipment, IceTech has launched a full range of semi-and fully-automated equipment as well as a wide range of Ice production equipment. IceTech now supplies a world-class customer base with excellent service 24/7 to keep their plants up and running reliably and smoothly, around the clock and around the world.

For more information about Cold Jet and IceTech, visit www.coldjet.com