4 minute read
Mergers & Acquisitions
M A
SCORECARD
Holston Gases Acquires Alpine Gas Company
Holston Gases completed the acquisition of Alpine Gas Company with operations headquartered in Carrolton, Georgia. Holston Gases will consolidate their operation into the Holston Gases facility located at 25 Brightwave Blvd., Carrolton, GA 30117.
Holston Gases President Robert Anders said, “We are very pleased to add the 3,100 propane customers of Alpine Gas to those of Holston Gases. Alpine Gas, Inc. has been servicing the North Georgia area for over 58 years and has a great reputation and loyal customers that we are excited to bring into the Holston family.”
Chart Industries Acquires Fronti Fabrications
Chart Industries, Inc. completed the acquisition of Fronti Fabrications, Inc. for $20 million (subject to customary adjustments). Fronti is a specialist in engineering, machining and welding for the cryogenic and gas industries, and also supplies new build pressure vessels and performs repairs with certification to American Society of Mechanical Engineers (ASME) code. With over 20 years of experience in liquefaction, heat exchangers and cold boxes, Fronti adds a known team to expand Chart’s cold box manufacturing capacity and capability, including work currently underway on Chart hydrogen and helium liquefiers. Given continued demand for Big LNG, small-scale LNG and hydrogen/helium liquefaction, having more than one United States cold box fabrication facility adds agility and capacity to further improve Chart’s delivery lead-times and be prepared for the anticipated increase in demand in the coming years.
Weldstar Acquires DSK Gas and Gear
Weldstar announced the acquisition of DSK Gas and Gear LLC in Congerville, IL. In addition, the company announced that DSK owner, Dale Knapp, joined its team. Dale will maintain responsibility for the Congerville location which services the Bloomington and Peoria markets. Dale brings extensive experience in the welding and gas markets. Congerville marks the tenth location for the Weldstar Company.
DSK will join the Depke Gases and Welding Supplies team which became part of the Weldstar family in 2018 of Weldstar. “Dale’s knowledge of the industry and the local markets, accompanied by Weldstar’s team, infrastructure, assets, and vendor base will greatly increase the offering. We expect significant growth in this new market area,” says Curt Towne.
Weldstar continues to look for opportunities to partner with like-minded distributors to add to its family of companies.
Protective Industrial Products, Inc. announced that it has acquired Industrial Starter, S.p.A, headquartered Vicenza, Italy, which includes all of the Industrial Starter affiliates throughout Europe.
Industrial Starter is widely recognized in Europe as a quality provider of PPE, workwear, footwear and fall protection – selling principally under
the ISSALINE® and Akrobat® brands. Current commercial operations include locations in Valencia, Spain; Altavilla Vicentina VI, Italy; Sosnowiec, Poland; and Ostrava, Czechia.
SureWerx announced that it has acquired Footwear Specialties International (FSI). Terms of the acquisition were not disclosed.
Based in Portland, Oregon, FSI is a leading safety footwear company, with solutions marketed primarily under the highly successful brands Avenger Work Boots and Nautilus Safety Footwear. Under the leadership of their President Aaron Atkinson, FSI has launched dozens of new, innovative safety footwear that has propelled the company into a leading position with respect to creativity, innovation, comfort & performance.
WEH Technologies Partners with Tekno Valves North America
“Tekno Valves North America is excited to partner with WEH Technologies to better service the Independent and OEM marketplace for their compressed gas quick connects. The commitment WEH has shown to provide quality products for our industry is what makes this partnership possible. TVNA will maintain the existing business relationships with WEH customers and provide the highest level of customer service and support for our new customers. We look forward to serving you!” says, Tekno Valves Executive Vice President Justin Guitreau.
Otodata Holdings, Inc. Announces the Acquisition of AIUT’s LPG Branch
Otodata Holdings, Inc. announced that it has acquired AIUT’s LPG branch, a leading supplier of IoT ecosystems for the global LPG remote monitoring and metering market. For over 15 years, they have been cooperating with leading companies in the global LPG market by equipping their customers with advanced data readout, monitoring, metering, and analysis solutions.
American Welding & Gas, Inc. Acquires Assets of NFC Company, Inc.
American Welding & Gas, Inc. is pleased to announce that NFC Company Inc., headquartered in Chicago, IL since 1974, has joined forces with AWG. NFC has built a strong reputation for prompt, professional service for its gas customers. NFC Company Inc. is locally owned and operated by Norb, Dorothy, Ben and Dan Francis.
“Today we have the pleasure of welcoming the Francis family and employees of NFC Company into our AWG family. Over 46 years ago, they started NFC Company with the thought of providing service to customers in the Chicago area and have been growing their business ever since. Combining NFC and AWG positions us to expand our capabilities to serve all our customers throughout Chicagoland. Our thanks to Norb, Dorothy, Ben and Dan Francis for partnering with AWG in this endeavor. We appreciate this opportunity to further enhance the service to our new customers,” said Jason Krieger, President & CEO AWG.
ABRASIVE PRODUCTS FOR THE PROFESSIONAL
Visit us at Booth #405 at GAWDA
A New Take on Angle Grinder Wheels
E.T
20°
Built In Grinding Angle For More Comfort, Less Fatigue
flexovitabrasives.com 1-800-689-3539
Corporate Offices & Manufacturing Facility
1305 Eden Evans Center Rd Angola, NY 14006
