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J F Lehman acquires US refrigerant management companies

USA: Asset management company J F Lehman (JFLCO) has acquired majority stakes in two US refrigerant management companies. 

The acquisitions of Chicago-based Reclamation Technologies USA (RTI) and Tradewater LLC & Affiliates of Indianapolis forms a new environmental services platform for lifecycle management of industrial and refrigerant gases and the mitigation of uncontrolled sources of methane. 

Established in 2016, Tradewater sources, aggregates, and coordinates the destruction of high GWP refrigerants.

RTI is a full-service refrigerant recovery and reclamation provider offering end-to-end services, including on-site gas recovery, reclamation, advanced separation of mixed gases, cylinder exchange programmes, and reclaimed and virgin gas sales.

According to J F Lehman, the combination of the two businesses establishes a go-to provider of closed loop services and will also serve as a platform for acquisitive growth and capability enhancement.

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