A-Gas International, the UK-based provider of specialist industrial gases and chemicals, is ready to execute a rapid expansion strategy in the UK and internationally
The company is set to embark upon its expansion plans after securing a significant investment from leading mid market private equity firm LDC, in a deal worth £70m.
Working closely with LDC, A-Gas management will execute an expansion strategy to further exploit its position in Refrigeration and Environmental Services, and to increase the group’s global footprint.
We understand from a company press release that this will be achieved by expanding its business in Europe, Asia-Pacific and the Americas.
John Rutley, Executive Chairman and Founder of A-Gas, commented, “We hold a leading position in the specialty gases market, with environmental initiatives such as the Montreal and Kyoto Protocols continuing to drive the market for our products, services and expertise.”
“In LDC we have secured the financial and strategic backing of an investor which has a strong track record of supporting sustainable businesses, not only in the UK but also internationally. There will be opportunities for LDC to add significant value through its Hong Kong office and contacts as we continue to explore ways of increasing sales in Asia.”
Established in 1993 and headquartered in Bristol, UK, A-Gas is a global blender, re-packager and distributor of specialist gases and chemicals to the refrigeration and insulation foam industries. The company employs over 120 people and is a leader in its principal territories of the UK, Australia and South Africa, also with a growing presence in the Asia-Pacific and North America.