Wednesday, October 24, 2012
Tuesday, October 23, 2012
Thursday, October 18, 2012
2012 Fall Conferences
Pennsylvania Association of Fire Equipmnent Dealers
Pennsylvania Association of Fire Equipmnent Dealers
Pennsylvania Association of Fire Equipmnent Dealers
Pennsylvania Association of Fire Equipmnent Dealers
Georgia Association of Fire Equipmnent Dealers
Georgia Association of Fire Equipmnent Dealers
Georgia Association of Fire Equipmnent Dealers
Society of Fire Protection Engineers
Tuesday, October 2, 2012
A-GAS INTERNATIONAL EXPANDS ITS PRESENCE IN AMERICA
LEADING REFRIGERANTS SUPPLIER A-GAS INTERNATIONAL COMPLETES
STRATEGIC ACQUISITION OF KEY INDEPENDENT US REFRIGERANTS SUPPLIER AND
DISTRIBUTOR, COOLGAS
Bristol-based A-Gas International (or “the Group”), one of the world’s largest independent suppliers of refrigerants, associated environmental services, and speciality gases and chemicals, has completed the acquisition of Houston, Texas based Coolgas Inc. (“Coolgas”), a leading independent supplier and distributor of refrigerants to the US market. The terms of the transaction were not disclosed.
The transaction represents the fifth strategic acquisition completed by A-Gas so far in 2012, and forms part of the Group’s acquisitive growth strategy which is being executed both in the UK and internationally. The enlarged group will have a turnover of c. £130m and 237 employees.
Founded in 1994 by Jesse Combs, Coolgas has grown over the past 18 years to become one of the leading independent distributors of refrigerants in the US. Coolgas’ “refrigerants made simple” philosophy reflects the focus on customer service that has enabled it to grow first to a regional and then to a national player. Coolgas has recently commissioned a new refrigerant storage and packaging facility in Houston and has distribution centres in California, Utah, Arizona, Indiana, Michigan, Maryland and Georgia ensuring that Coolgas is close to its customers wherever they are located.
In recent years Coolgas has also become an EPA registered reclaimer of refrigerants and a project developer for the generation of carbon offsets on the California Climate Action Reserve exchange. These capabilities enable Coolgas to manage the lifecycle of Ozone Depleting Substances (ODS) and substances with high Global Warming Potential (GWP) to safeguard the environment.
The acquisition builds on A-Gas’ acquisition of Ohio based refrigerant reclaimer and halocarbon management specialist RemTec International in July 2012. Coolgas provides a strong strategic fit, bringing a strong brand and complementary footprint that will accelerate refrigerants sales growth. Further the reclaim and carbon credits businesses extend A-Gas’ existing operations in the US Environmental Services market which is already well established in the UK and Europe.
The acquisition of Coolgas follows on from the successful acquisitions not only of RemTec International in July 2012 but also of Australian based Technochem in March 2012 and SA Rural in May 2012, and UK based A-Zone Technologies in April 2012.
Bristol-based A-Gas International (or “the Group”), one of the world’s largest independent suppliers of refrigerants, associated environmental services, and speciality gases and chemicals, has completed the acquisition of Houston, Texas based Coolgas Inc. (“Coolgas”), a leading independent supplier and distributor of refrigerants to the US market. The terms of the transaction were not disclosed.
The transaction represents the fifth strategic acquisition completed by A-Gas so far in 2012, and forms part of the Group’s acquisitive growth strategy which is being executed both in the UK and internationally. The enlarged group will have a turnover of c. £130m and 237 employees.
Founded in 1994 by Jesse Combs, Coolgas has grown over the past 18 years to become one of the leading independent distributors of refrigerants in the US. Coolgas’ “refrigerants made simple” philosophy reflects the focus on customer service that has enabled it to grow first to a regional and then to a national player. Coolgas has recently commissioned a new refrigerant storage and packaging facility in Houston and has distribution centres in California, Utah, Arizona, Indiana, Michigan, Maryland and Georgia ensuring that Coolgas is close to its customers wherever they are located.
In recent years Coolgas has also become an EPA registered reclaimer of refrigerants and a project developer for the generation of carbon offsets on the California Climate Action Reserve exchange. These capabilities enable Coolgas to manage the lifecycle of Ozone Depleting Substances (ODS) and substances with high Global Warming Potential (GWP) to safeguard the environment.
The acquisition builds on A-Gas’ acquisition of Ohio based refrigerant reclaimer and halocarbon management specialist RemTec International in July 2012. Coolgas provides a strong strategic fit, bringing a strong brand and complementary footprint that will accelerate refrigerants sales growth. Further the reclaim and carbon credits businesses extend A-Gas’ existing operations in the US Environmental Services market which is already well established in the UK and Europe.
The acquisition of Coolgas follows on from the successful acquisitions not only of RemTec International in July 2012 but also of Australian based Technochem in March 2012 and SA Rural in May 2012, and UK based A-Zone Technologies in April 2012.
Commenting on the acquisition:
John
Rutley, Executive Chairman and founder of A-Gas International said:
Jesse Combs and his management team have built a great business in the US refrigerant sector and we are delighted to add it to our rapidly expanding presence in this important market. The fit with our recently acquired business, RemTec, is perfect and allows us to offer a full range of products and services to our customers in the world’s largest refrigerant market.
Jesse Combs and his management team have built a great business in the US refrigerant sector and we are delighted to add it to our rapidly expanding presence in this important market. The fit with our recently acquired business, RemTec, is perfect and allows us to offer a full range of products and services to our customers in the world’s largest refrigerant market.
Jon
Masters, Regional Managing Director of A-Gas International said:
The acquisition of Coolgas will significantly
strengthen our position as the leading independent global supplier of
refrigerants at a time when regulatory changes are providing increasing
opportunities for reclamation and recycling of used refrigerants using our market
leading technology developed in the UK. We look forward to supporting the
Coolgas management team and workforce in continuing to provide outstanding
service to its customers.
Jesse
Combs, CEO of Coolgas said:
I
feel honoured that A-Gas saw Coolgas as a strategic fit and entry point into
the US refrigerants’ distribution business. Our team of
professionals have a customer service mind-set that I believe sets Coolgas
apart from the rest of the industry. I have the upmost confidence that
the A-Gas team will support and grow upon our "refrigerants made
simple" philosophy for many years to come.
About A-Gas International
A-Gas is an international group of
companies with headquarters in Bristol, UK.
A-Gas is a market leader in the supply of refrigerants within its core
territories in the U.K., South Africa, and Australia, and has state of the art
storage, blending, packaging and reclamation facilities in Bristol, Cape Town,
and Melbourne. The company also has marketing and distribution centres in
Singapore, Thailand, China and Mexico. In the US, A-Gas has a Performance
Chemicals business located in Doylestown, Pennsylvania; RemTec International, a
refrigerant reclaimer and halocarbon management specialist located in Bowling
Green, Ohio; and now Coolgas, headquartered in Houston, Texas. For more
information, visit www.agas.com
About Coolgas
Coolgas Inc. was started in 1994 as a
distributor of refrigerant gases. Through a continual focus on customer service
embodied by its “refrigerants made simple” philosophy it has gained customers
across the United States and grown to become one of the leading independent
distributors of refrigerants. Coolgas supplies a full product range from
essential use CFCs through to the most recent HFC blends. Coolgas also supplies
in a wide variety of formats from the smallest auto aftermarket disposable cans
through to bulk tankers for industrial customers. Coolgas is an EPA approved refrigerant
reclaimer. The Coolgas, Inc. headquarters are located 40 miles north of
Houston, Texas. For more information visit www.coolgas.com
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