Vogt Ice

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Vogt Ice - overview

Location

Louisville, KY, US

Primary Industry

Industrial Machinery

About

Vogt Ice is a manufacturer specializing in automatic ice production solutions, offering cutting-edge technology with a focus on energy efficiency and operational longevity. Vogt Ice operates in the ice production solutions sector, having been founded by Alysha Ewing. The company's headquarters is located in Louisville, US. In August 2017, Weller Equity Partners led a majority acquisition of Vogt Ice, although the financial terms were not disclosed.


The company has been involved in 2 deals. Vogt Ice specializes in manufacturing automatic ice production solutions, prominently featuring their flagship Tube-Ice machine, introduced in 1938. Their offerings include ammonia and non-ammonia low-side units as well as packaged plug-and-play units catering to production capacities of 1 to 125 tons per day. The machines are designed to enhance energy efficiency and reduce operational costs, serving diverse industries such as food processing, seafood, and beverage production globally, from the South Pacific to the Arctic Circle.


Vogt Ice generates revenue from the direct sale of their ice production equipment, primarily focusing on B2B transactions. These sales involve individual machines and low-side units tailored to specific production needs. The company establishes long-term partnerships with clients, ensuring reliable ice production capabilities, supported by the reputation for durable and energy-efficient products. Vogt Ice is strategizing for future growth by designing new products aimed at expanding their product line in the coming years.


They have plans to penetrate new markets, specifically targeting regions that require advanced ice production technology. The funding received from the August 2017 acquisition will be utilized to support these initiatives, allowing Vogt Ice to enhance its production capacity and expand its global footprint.


Current Investors

Weller Equity Partners, Advantage Capital

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

www.vogtice.com

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Vogt Ice - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedVogt Ice-
BuyoutCompletedVogt Ice-

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Vogt Ice - employee data

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