Taronis Technologies, Inc., a clean technology company, has acquired an industrial gas services business based in East Texas.
The acquired company is one of the largest industrial gas infrastructure services businesses in the area. The assets acquired through the purchase significantly increase Taronis’ core asset base and infrastructure.
“This acquisition represents continued forward progress in our growth plans,” said Scott Mahoney, CEO of Taronis.
“Over the past 14 months, we have made seven acquisitions that grew our revenues approximately six-fold and dramatically increased our asset profile. But we also understand that with growth comes added expenses.”
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