A-Gas has bought Hamburg-based refrigerant business Arthur Friedrichs Kaeltemittel.
The company has supplied refrigerants for more than 60 years and the acquisition gives A-Gas a foothold in the European automotive market. A-Gas also plans to further invest in the company by building a refrigerant reclamation facility.
“We will also be introducing reclamation to the business. This is an area where A-Gas can make a real difference. We will invest in a reclamation plant and create new jobs by doing so. Reclamation will expand as the pressure on supplies of key gases continues and the need to reclaim grows ever more important.”
Friedrichs Kaeltemittel has been supplying refrigerants to the European market since 1955. The company also provides products to the OEM market, services equipment and offers expertise on new installations. The A-Gas acquisition is subject to clearance from competition authorities in Germany and Austria.
In August, A-Gas acquired the Netherlands-based reclamation business, BTC.