UK/NETHERLANDS: A-Gas has acquired the Dutch refrigerant, speciality gases and fire suppressants reclamation business BTC.
Founded in 2002 as BT Chemicals VOF, BTC is based in Eygelshoven, near the town of Kerkrade in the southeast of the Netherlands, close to the German and Belgian borders.
“BTC are specialists in the reclamation and disposal of special gases, refrigerants and fire suppressants which can often be a complex and difficult process,” said A-Gas managing director John Ormerod. “It’s a very good fit for us as reclamation and disposal of gases is a key part of our business at Portbury near Bristol.”
The deal, the price of which has not been revealed, was completed this week. A-Gas says it will be investing several million euros in the operation to strengthen its offering to customers across Europe and will result in A-Gas increasing its capacity to handle, clean and return waste gases to the market for resale.
“One of the aspects of BTC which attracted us to the deal was the entrepreneurial culture within the company and this fits well with us. This is our first acquisition in continental Europe and we will put in place a significant investment programme to enhance the recycling and reclamation capabilities at BTC.”
The investment will include increasing the workforce and investing in new equipment.
In recent years A-Gas has invested heavily in the reclamation and recovery side of its operation and this has been reflected by the development and installation of a new gas separator onsite in Portbury – bringing the total to three – and the launch of the A-Gas Rapid Recovery business in the UK.