Following February’s news that that Air Water had acquired 100% of the shares of Taylor-Wharton Malaysia SBN BHD, further details of the takeover have now been revealed, including a distribution agreement with Eleet Cryogenics.
An official statement confirmed that the company will continue to use the Taylor-Wharton name and logo.
Air Water Inc., has also appointed Eric Rottier as Chairman and CEO, and Roland Wright as COO.
To further the management continuity, 20+ year Taylor-Wharton stalwarts Mark Fleischer and John Wimberley will maintain their respective roles as Global Vice-President of Sales and Global Product Manager. All employees of Taylor-Wharton Malaysia are also retained, gasworld understands.
In a further development, Taylor-Wharton Malaysia has entered into a distribution agreement with Eleet Cryogenics to serve customers in the US and Canada.
The company will continue to supply cryogenic bulk tanks for industrial gas and LNG, MicroBulk tanks, liquid cylinders, and beverage carbonation tanks to its global customers from its two strategically located facilities near Kuala Lumpur. But with the US and Canadian markets in mind, it has now entered into a distribution agreement with Eleet Cryogenics which will see the latter become Taylor-Wharton Malaysia’s exclusive stocking and sales channel for MicroBulk tanks over 1,000 litres, standard atmospheric and hydrogen bulk tanks.
“Together we will meet the demands of the customers in the US and Canada by providing quality bulk and MicroBulk tanks from an established level of inventory, as well as provide solutions in a timely manner to an ever changing industry”
The agreement extends a partnership that was originally launched with Taylor-Wharton Cryogenics in September 2014, and Rottier commented, “I am extremely pleased to extend our partnership with Eleet Cryogenics. Combining Taylor-Wharton’s extensive high quality product offering with Eleet’s strategic stocking location and outstanding reputation of solving problems will provide our customers more optionality and an improved service level.”
Garry Sears, founder and President of Eleet Cryogenics, added, “I am happy we can continue the relationship we have established with Taylor-Wharton. We have explored opportunities with other tank manufacturers and believe Taylor-Wharton provides the best quality, with the most consistency – something our customers expect from Eleet.”
“Together we will meet the demands of the customers in the US and Canada by providing quality bulk and MicroBulk tanks from an established level of inventory, as well as provide solutions in a timely manner to an ever changing industry.”