As the USA refrigerant market faces future regulations of environmentally sensitive gases including the continued phase down of R22, this alliance brings together A-Gas existing Total Solutions® offerings with the established recovery, reclamation, manufacturing and sales expertise of DPC.
Monte Roach, President/CEO of A-Gas Americas commented “DPC brings us best-in-class separation and blending capabilities along with a complementary go-to-market approach and customer access. DPC brings a highly-experienced staff of 45 people that expand our industry knowledge and services. Our combined customers across the country will experience a significantly increased Total Solutions approach to their supply and reclamation needs. With the acquisition of Rapid Recovery in 2016 and the addition of DPC, A-Gas will become a clear leader in refrigerant recovery, reclaim and separation in the US. This is one more important step in creating an organization that delivers global expertise on a local scale.”
The acquisition marks the fifth in the US and the eighth worldwide since 2012 for A-Gas Group International, the UK-based parent company. It is also the first acquisition by A-Gas since KKR, a leading global investment firm, invested in the company in August 2017, in partnership with Group management, with the aim to further accelerate the growth of A-Gas.
The business will be integrated into A-Gas over the next several months. During that time, Bruce Ernst, VP Business Development will serve as Acting VP/GM of DPC.
<img class="alignnone size-medium wp-image-7273" src="https://refindustry.com/wp-content/uploads/2017/09/divpc_truk-1-500x339.png" alt="" width="500" height="339" />
Source: A-Gas
Related tags: R22