Connecticut-based industrial, medical and specialty gases distributor Tech Air has reached a definitive agreement to acquire Alliance Welding Supplies, Inc.
Alliance will be operated as a new subsidiary of Tech Air of California. The transaction is expected to close at the end of 2017, terms of the transaction were not disclosed.
Speaking about the acquisition, Myles Dempsey, Jr., Chief Executive Officer of Tech Air, said the partnership will establish a significant presence for Tech Air in the Bay Area, a region in which “we have long sought entry”.
Alliance was founded in 2002 by Marvin Rodgers III in San Jose, California, a short distance from his father’s business, Alliance Gas Products, and his mother’s business, Mavry Welding Supply, in Oakland, California.
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