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Arena Events gobbles up Ice House Rentals
Arena Events Group has expanded its UK product portfolio with the acquisition of specialist temporary cold room company Ice House Rentals, it announced on Monday.
The AIM-traded firm said the acquisition would see the Hampshire-based company be integrated into Arena's current furniture and tableware business, Well Dressed Tables.
With more than 200 cold rooms, Ice House Rentals provides temporary cold room hire throughout the UK and supplies some of the UK's "most prestigious" events including Royal Ascot, Arena explained.
It said the acquisition was in line with its growth strategy, and would "significantly strengthen" its offering to existing clients as well as help attract new clients.
"As a long-established provider of temporary cold rooms in the UK, the Ice House ethos of quality, service and reliability, compliments the values and standards of Arena," said CEO Grahame Muir.
"For our Well Dressed Tables division, this develops the portfolio of products available to clients, making it truly a 'one stop' supplier.
"This is a fantastic acquisition for the Group and we are confident it will further cement our position as a market leader in providing the highest quality turnkey services to the event market."
Tom Scott, managing director of Ice House Rentals, said joining Arena would provides his firm with a "real sense of pride".
"To become part of a public company is a validation of the work we have done, providing security of supply for our clients well into the next decade.
"We look forward to growing our business under the Arena umbrella."