Partner Article

Bristol refrigerants firm acquire stateside business

Bristol refrigerants firm A-Gas International has acquired US supplier and distributor Coolgas Inc.

The deal is the fifth strategic acquisition by A-Gas so far this year, and will mean the new, enlarged group will have a turnover of roughly £130m with 237 employees.

Coolgas is headquartered 40 miles to the north of Houston, Texas, and has been a distributor of refrigerant gases since 1994.

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.”

This was posted in Bdaily's Members' News section by Tom Keighley .