12 July 2022
Refrigerant specialist A-Gas has acquired US recovery and reclamation company Certified Refrigerant Services.
CRS is a leading EPA certified reclaimer and provides environmental solutions for the recovery and reclamation of refrigerants to customers throughout the state of Florida. It has a long-standing and leading presence in the market with trusted partners and customers.
Group chief executive officer of A-Gas Jack Govers, pictured, said: “We are delighted to be expanding further our refrigerant business in the USA. This acquisition demonstrates our ongoing commitment to the effective lifecycle management of refrigerants which is a critical part of the circular economy and building a sustainable future.”
Founder and chief executive officer of CRS, Rick Roland, and his team will become part of the A-Gas business. Rick Roland said: “Joining A-Gas is a fantastic new home for our business. With its global resources and expertise in recovery and reclamation, safety and operations, the team I’ve built will continue to grow and develop. Together, we will be better positioned to serve the vital businesses we’ve supported over the years.”
This is the 10th acquisition by A-Gas since the investment by private equity firm KKR in 2017. Since then A-Gas has made several acquisitions in the USA, as well as continued expansion globally with the acquisitions of businesses across Asia, Europe, and Australia.