Taronis Technologies, Inc. has completed the acquisition of an LA-based independently owned industrial gas distributor.
The acquired company sells industrial gases and welding supply products into the Mexican markets in Baja California and Sonora, through a relationship with an independent industrial gas operator in the region.
The transaction was structured as an asset purchase, with a cash purchase price of $2.5m.
The transaction competes the initial phase and business objective of the company’s acquisition programme initiated in early 2017.
... to continue reading you must be subscribed
