KPS Global Expands Product Offerings with Latest Acquisition
KPS Global has acquired Direct Refrigeration Sales (DRS), a manufacturer of aftermarket refrigeration parts based in Cumming, Georgia. DRS was founded in 2010 and makes door gaskets, strip curtains and door parts. The deal gives KPS Global customers a wider range of aftermarket products. It is the fourth acquisition since Viessmann Generations Group invested in KPS Global in 2024. KPS Global now runs 13 manufacturing facilities in 10 states and employs more than 1,700 people.
KPS Global and Everidge Strategic Partnership Moves Forward
KPS Global has closed its strategic partnership with Everidge, a commercial cold storage company based in Plymouth, Minnesota whose roots go back to 1952. Everidge brings walk-in coolers and freezers, cold storage doors, mobile cold storage and cook-chill products under the CrownTonka, ICS, LoTemp Doors, PrepRite, SmartRite and ThermalRite brands. The combined company has more than 1,700 employees and 12 manufacturing facilities across the U.S.
KPS Global and Everidge Announce Strategic Partnership
KPS Global and Everidge have announced a strategic partnership to combine two family-owned businesses whose strengths complement each other. KPS Global gains the Everidge product lines, including ICS integrated cold rooms, mobile cold storage, slider doors and PrepRite blast chillers, along with six more manufacturing facilities. Customers will benefit from a broader product range, lower freight costs, installation services from KPS Global and nationwide support.
KPS Global Expands Regional Presence with Latest Acquisition
KPS Global has acquired SRC Refrigeration, a Michigan-based manufacturer of walk-in coolers and freezers and of extruded polystyrene (XPS) panels. The deal expands KPS Global into the Midwest, a key market for food retail. It brings the company to six manufacturing locations nationwide. The two companies share very few customers and the deal opens the door for the two teams to develop new products together.
Viessmann Generations Group Completes Acquisition of KPS Global
Viessmann Generations Group, a family-owned company founded in 1917, has completed its acquisition of KPS Global. KPS Global is a market leader in custom enclosures for controlled environments, serving the food retail, scientific and cold storage markets. The deal extends the Viessmann Clean & Cold platform into North America. It also advances goals the two companies share: better energy efficiency, lower CO2 emissions and less food waste. KPS Global remains fully committed to its customers, employees and vendors.
D Cubed Group Completes Successful Investment in KPS Global with Sale to Viessmann
D Cubed Group has agreed to sell KPS Global to Viessmann Generations Group. D Cubed created KPS Global in 2015 by combining the Hill Phoenix Walk-Ins business with Kysor Panel Systems. Since then it has grown into a leading manufacturer of custom insulated panel systems. KPS Global now brings in more than $400 million in annual revenue and employs more than 750 people across five manufacturing facilities. The sale opens a new chapter of long-term growth under the family ownership of Viessmann.