Taiyo Nippon Sanso enters Australian market with Renegade Gas acquisition
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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