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
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