Wednesday, February 5, 2025

US giant acquires Lincolnshire PPE manufacturer

Goldfreeze Limited, the manufacturers of Chill, Cold and Freezer PPE, based in Sleaford, Lincolnshire and founded by Tarek Hayat, has been acquired by US giant RefrigiWear for an undisclosed sum rumoured to be in the region of £3-4 million.

RefrigiWear, established in 1954, has 70 years of commitment to designing warm industrial apparel, with an understanding of the challenges faced by working in the extreme cold.

RefrigiWear entered the UK market in Q1 of 2024 determined to “become the trusted and go-to supplier for Thermal Protective Clothing globally,” raising a share capital of in excess of £13 million before acquiring FlexiTog (Goldfreeze’s largest competitor) in March 2024.

Having acquired FlexiTog and Goldfreeze, RefrigiWear has become a powerful force in the UK cold chain industry’s PPE supply chain.

RefrigiWear CEO Ryan Silberman now sits on the board of Goldfreeze.

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