USA: A-Gas has acquired US refrigerant supplier and reclaimer Diversified Pure Chem (DPC).
Headquartered in Rhome, Texas, DPC has national coverage in the US, operating out of 13 refrigerant collection and distribution hubs and their 40,000ft² separation and blending facility in Texas. DPC offers a full line of refrigerants including the leading technologies in HCFC and HFC replacements.
“DPC brings us best-in-class separation and blending capabilities along with a complementary go-to-market approach and customer access,” commented A-Gas Americas president/CEO Monte Roach. “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,” he added.
The acquisition is 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, 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.