Matheson has successfully acquired the assets and business of US Airweld, Inc., based in Phoenix, AZ and with operations located throughout Arizona and New Mexico.

The acquired business will become a part of the Matheson’s Packaged Gas Division and will improve the company’s existing business in Phoenix, Tucson, and Albuquerque as well as expand that network to new parts of both states.

William J. Kroll, chairman and CEO of Matheson, is optimistic about business in the region following the deal. He said, “We are truly pleased to welcome US Airweld as part of the Matheson Team. Expanding our business in both states, this acquisition complements our operations and will provide benefits to our customers throughout Arizona and New Mexico.”

“We welcome aboard Dave Miller and his experienced team and look forward to his continued leadership as we integrate this acquisition with our Packaged Division.”

US Airweld appears to be just as buoyant about the deal. Dave Miller, the company’s region general manager, said in a statement, “We are looking forward to becoming part of a growing industry leader. The sale to Matheson provides greater opportunity for our employees and strengthens our customer offering which is important to the US Airweld family.”