Marking its first entry into the Australian market, Taiyo Nippon Sanso Corporation (TNSC) has recently acquired the distributor Renegade Gas.
With 17 locations across Eastern Australia, Renegade Gas is a distributor of both LPG and industrial gas.
While LPG accounts for more than half of the sales of the Renegade Gas business, the company is thought to hold a share of around 10% of the cylinder market in Eastern Australia and is its main business.
Based in Ingleburn, New South Wales, Renegade Gas has around 250 employees and net sales expected to reach A$82m (¥8bn; $58m) for fiscal year 2015, ended June 2015.
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