Packaged gas company Meritus Gas Partners (Meritus) has entered into a partnership with Florida-based specialty gas manufacturer and distributor Global Calibration Gases (Global).
Global supplies a range of gases used to calibrate instrumentation including multi-component hydrocarbon mixtures, low parts-per-million and parts-per-billion volatile organic compound mixtures and EPA Protocol gases and National Institute of Standards and Technology (NIST) traceable gas mixtures.
Financial terms of the transaction were not disclosed, although it was announced that Ray Borzio, President of Global, will remain with the business following the transaction and maintain significant equity ownership in Meritus.
Revealing that the company had been approached many times in the past, Borzio stated that Meritus was the only suitor that understood the importance of its wholesale business model.
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