Almost two years ago Matheson Tri-Gas, as it was then known, acquired leading US distributor Valley National Gases (VNG) in a significant step forward for the Taiyo Nippon Sanso Corp. (TNSC) subsidiary.
Back then, VNG was the largest privately-held packager and distributor of industrial, medical and specialty gases, welding supplies and propane. The acquisition was described as creating a ‘tremendous opportunity’ for the Matheson Tri-Gas-TNSC business by adding distribution capacity throughout the Eastern and Midwest regions of the US.
Now, the newly re-branded MATHESON is already reaping the rewards of the smooth integration of VNG, as it strives to bring value to customers at all levels.
In an exclusive interview with gasworld magazine following news of the deal in 2009, Chairman and CEO William J. Kroll explained how the takeover of VNG gave the company distribution in areas of the US where it previously had no presence. He also described the advantages of many cross-selling opportunities going forward.
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