Iwatani Corporation of America Acquires Aspen Air U.S., LLC
January 4, 2023
Iwatani Corporation of America, the U.S. subsidiary of Japan-listed Iwatani Corporation, has acquired Aspen Air U.S., LLC, a Billings, Montana-based manufacturer and distributor of bulk liquid industrial gases. The acquisition marks Iwatani's entry into the U.S. industrial gases market to expand its hydrogen, industrial and specialty gases footprint; financial terms were not disclosed.
- Buyers
- Iwatani Corporation of America
- Targets
- Aspen Air U.S., LLC
- Industry
- Industrial Services
- Location
- Montana, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Manitowoc Acquires Aspen Equipment
September 1, 2021
Industrial Services
The Manitowoc Company, Inc. completed the acquisition of substantially all the assets of Aspen Equipment Company for approximately $51 million. The purchase expands Manitowoc's direct-to-customer footprint in Iowa, Nebraska and Minnesota and adds Aspen's crane dealership, parts & service capabilities and final-stage work-truck upfitting expertise to complement Manitowoc's National Crane boom truck and aftermarket businesses.
-
Air Water America Acquires Noble Gas Solutions
May 20, 2022
Industrial Services
Air Water America Inc., the North American industrial gases arm of Japan-based Air Water Inc., has acquired Noble Gas Solutions, an independent gas and welding products distributor headquartered in Albany, New York. The acquisition expands Air Water's footprint and service capabilities in the New York tri‑state area and provides Noble Gas access to Air Water's broader product and technology offerings.
-
Aspen Technology, Inc. Acquires inmation Software GmbH
October 24, 2022
Software
Aspen Technology, Inc. (AspenTech) has acquired inmation Software GmbH, a Cologne-based leader in industrial real-time information management, to strengthen its industrial data and connectivity capabilities and establish inmation as the cornerstone of its AIoT business unit. The acquisition enhances AspenTech's ability to integrate, manage, and contextualize industrial data across plant-level historians and enterprise systems to support customers' digitalization, sustainability, and profitability goals.
-
A-Gas Acquires Halon.US, Inc.
May 12, 2022
Environmental Services
A-Gas has acquired the business of Halon.US, Inc., a California-based recuperator and supplier of Halon fire suppressant gases. The deal adds Halon.US leadership to A-Gas's Fire Suppression team and expands A-Gas's recovery, sourcing and customer base in the US and internationally as an add-on to its PE-backed platform.
-
Hudson Technologies Acquires USA Refrigerants
June 10, 2024
Environmental Services
Hudson Technologies acquired USA United Suppliers of America Inc. (d/b/a USA Refrigerants) for $20.7 million, with up to $2.0 million in additional earnout consideration. USA Refrigerants is a national refrigerant distributor and longtime purchaser of recovered refrigerants; Hudson said the purchase will create a dedicated refrigerant acquisition group to expand its acquisition, reclamation and sales capabilities.
-
Tech Air (an Air Liquide company) Acquires High Plains Gas & Supply
August 1, 2019
Industrial Services
Tech Air, a distributor of industrial, medical and specialty gases owned by Air Liquide, has acquired High Plains Gas & Supply, a distributor based in Englewood, Colorado. CriticalPoint acted as buy-side advisor to Tech Air in sourcing the transaction.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.