AirLife Gases Acquires Controlling Stake in GNG to Build Integrated Helium Supply Chain
July 8, 2026
AirLife Gases Private Limited signed a definitive agreement to acquire a controlling stake in GNG, a U.S.-based helium gathering, processing, and liquefaction infrastructure company. The deal is intended to integrate upstream-to-end-customer helium capabilities and includes GNG’s Lisbon Valley Gas Processing Complex in Utah, which is expected to undergo recommissioning before returning to commercial production.
- Buyers
- AirLife Gases Private Limited
- Targets
- GNG
- Industry
- Infrastructure
- Location
- Utah, United States
- Transaction Type
- Buyout
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