ACR-News

UK: Refrigerant supplier A-Gas International has completed the acquisition of US-based RemTec International, a specialist in the recovery, reclamation and recycling of halocarbons.
This is the fourth strategic acquisition completed by A-Gas so far this year. It follows the purchase of Australian based Technochem and SA Rural and UK based A-Zone Technologies in April 2012.

Founded in 1986, RemTec has expanaded its activities to include the Middle East, China, Australia and India. The company claims to possess one of the most comprehensive and technically advanced international operations in the controlled halocarbons industry.

RemTec's capabilities include the identification of unknown substances that may damage the environment, on-site removal and packaging and handling in accordance with all regulations, cylinder refurbishing and recertification, fractional distillation, and establishing halocarbon banks and strategic reserves. RemTec also offers safe and reliable halocarbon destruction options for all ODS and GWP material.

'The acquisition of RemTec is another great example of our ambition to grow the business on a global scale,' said A-Gas International chief executive John Rutley. 'RemTec brings a market leadership position in Halons and a strong platform for growth in refrigerants; we believe that there is real scope to build further upon RemTec's success to date in North America, whilst also driving value across the enlarged group.'

A-Gas is a market leader in the supply of refrigerants within its core territories in the UK, South Africa, and Australia, and has state of the art storage, blending, packaging and reclamation facilities in Bristol, Cape Town, and Melbourne. The company is rapidly growing its market share in Asia and the Americas with sales offices in Singapore, Thailand, China and USA.