KPS Global, a Fort Worth, Texas-based company held by D Cubed Group LLC, acquired Custom Cooler Inc., a San Dimas, Calif.-based manufacturer of custom walk-in coolers, walk-in freezers and industrial cold storage applications. The acquisition extends KPS Global’s into new markets.
“This is a great next step in our growth,” says Mike Eakins, chief executive officer of KPS Global. “With very little customer, dealer and rep overlap and a complementary geographic focus, the decision was an easy one. Custom Cooler is well-known for the quality of its manufacturing, experience of its employees and strong customer relationships. It also has expertise in industry sectors and geographies outside those we currently serve. The acquisition also gives Custom Cooler’s customers access to the full turnkey solution KPS Global offers, including installation services. We are excited to welcome Custom Cooler to the KPS Global family. This acquisition is another example of extending our capabilities.”
Custom Cooler offers products based on its continuous line panel technology (CLP), which supports longer building spans for industrial cold storage applications.
“Customization, technology and cost efficiency continue to drive our business,” says Steve Lee, who will remain president of Custom Cooler. “The growing areas using specialized panel solutions make this a pivotal moment for the industry, and the challenge of delivering next-level products and services to the customer really gets me very excited.”
Custom Cooler will continue operations out of its San Dimas and Conyers, Ga., facilities, which comprise more than 230,000 square feet of state-of-the-art manufacturing and warehousing capacity and are home to approximately 150 people.