M&A

Memphis-based nexAir today announced that it has agreed to acquire the assets, branches and operations of M&A Welding Supply Co.

The Norwegian venture‐backed company GasSecure AS is sold to Dräger Holding International GmbH for approximately 500m NOK (£40.7m).

McPhy Energy will launch a range of new-generation alkaline water-electrolysers using De Nora’s activated electrodes – thanks to the two companies signing a partnership.

Memphis-based nexAir, one of the largest distributors of atmospheric gases and welding supplies in the United States, has agreed to acquire the assets and operations of Welders Supply & Equipment Co., Inc.

MATHESON has continued its strategic expansion with the acquisition of the Hawaiian assets and operations of Air Liquide America L.P. The acquisition includes five locations on four islands including an air separation unit (ASU).

Suretank has acquired a majority ownership stake in Louisiana based manufacturer AmGulf Fabrication, LLC. The company will be rebranded as Suretank USA with immediate effect.

MATHESON has continued its strategic expansion with the acquisition of Sims Welding Supply in southern California.

A-Gas International has announced the formation of A-Gas Americas following the merger of sister companies Coolgas, RemTec, CIJSA and A-Gas Performance Chemicals.

Huu-ay-aht First Nations and Steelhead LNG have signed a contract with WorleyParsons for the provision of environmental, engineering, geotechnical and regulatory services at their proposed LNG Project at Sarita Bay on Vancouver Island.

Air Liquide announces that it has acquired a 5% stake in the capital of Fonroche Biogaz, a subsidiary of the Fonroche Group, a key player in the production of renewable energies.