# Kelvin Group acquires PermaCold Engineering

Kelvin Group, backed by Southfield Capital, acquired PermaCold Engineering Inc. of Portland, Oregon, marking its entry into the Pacific Northwest and its tenth-plus acquisition since 2017.

- Type: Acquisition
- Announced: 2026-05-15
- Where: Portland, Oregon, United States
- Status: completed
- Products: industrial and commercial mechanical refrigeration services, ammonia and CO2 refrigeration systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Southfield Capital](https://endata.com/companies/28096.md) (investor)
- [Kelvin Group](https://endata.com/companies/60763.md) (acquirer)
- [PermaCold Engineering](https://endata.com/companies/89526.md) (target)

## Sources

- [thehardwirenews.com](https://www.thehardwirenews.com/kelvin-group-permacold-industrial-refrigeration-2026/), 2026-05-15: "Kelvin's acquisition of PermaCold represents an exciting milestone as the company continues its national expansion strategy by entering the Pacific Northwest."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.