Kelvin Group Acquires PermaCold Engineering
January 7, 2026
Kelvin Group, a national provider of industrial and commercial mechanical refrigeration services backed by Southfield Capital, has acquired PermaCold Engineering, a Portland-based industrial refrigeration firm. The add-on deal expands Kelvin's geographic footprint into the Pacific Northwest and brings PermaCold's expertise in ammonia and CO2 refrigeration to Kelvin's platform; terms were not disclosed.
- Buyers
- Kelvin Group, Southfield Capital
- Targets
- PermaCold Engineering
- Sellers
- Steve Jackson, Randy Cieloha
- Platforms
- Kelvin Group
- Industry
- HVAC & Mechanical
- Location
- Oregon, United States
- Transaction Type
- Addon
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