Kosan Crisplant (KC ProSupply), daughter company of MAKEEN Energy, has today signed an agreement to acquire Gas Equipment Company (GEC).
Based in Dallas, GEC will soon become a part of MAKEEN Energy and the latest branch of KC ProSupply, expanding the company’s presence, volume and services.
“The trading activities in KC ProSupply are a strategic focus area for which we have ambitious goals, and with the acquisition of GEC, which is the largest acquisition to date, our trading division will assume a size justifying merging the activities in one powerful unit,” said Anders Anderson, CEO of MAKEEN Energy.
The previous owner, Skeeter LaDue, will continue to lead GEC under the new ownership.
The acquisition of GEC will allow KC ProSupply to build on its physical locations and its relations on the market. The GEC business will also be further strengthened by developing the service area and offering added value to American customers.
“This acquisition opens up new possibilities for us in the US market and allows us to develop our existing presence and services substantially,” said Bo Larsen, Sales Director at MAKEEN Energy.
“I am thrilled to be able to pass on ownership of GEC to a company that wants to carry our values forward,” said Skeeter LaDue, President of GEC.
“Joining forces with people as passionate about energy industry success as us is what takes us into the next chapter in our storybook.”
The closing of the deal will take place before the end of March 2020.
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