A-Gas International, an expert of specialty chemicals management, has amplified its presence in the US following the completed acquisition of Rapid Recovery.
Rapid Recovery occupies 40 site locations across the US and provides a full suite of on-site recovery and cylinder services to the refrigeration and heating, ventilation and air conditioning (HVAC) sectors.
Following the worldwide ‘cap and down’ phase of the R22 refrigerant, this acquisition will combine A-Gas America’s Total Solutions® offering with the established recovery and reclamation services of Rapid Recovery, and aims to deliver market leading solutions in the US for environmentally-friendly alternatives.
A-Gas is now the only company to offer US customers a full service solution. This acquisition significantly increases our scale and presence across the country
This acquisition also seeks to extend A-Gas’ current current offering in the refrigeration market and will augment its end-to-end supply and reclamation services in the Americas.
Monte Roach, CEO and President of A-Gas Americas, highlighted, “By adding Rapid Recovery’s national reach for recovery with the A-Gas national network of distribution partners we now have a complete model to serve our critical end users. A-Gas is now the only company to offer US customers a full service solution. This acquisition significantly increases our scale and presence across the country.”
This latest transaction will add a further 62 employees to A-Gas’ US branch and will increase its annual turnover to £110m ($158.7m). It also marks the fourth acquisition for A-Gas in the US and its sixth worldwide since 2012.