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Mumbai | 19 March, 2010 – Global M&A, one of the world’s leading independent M&A advisory firms, today announced the completed transaction of Matheson Tri-Gas, Inc., USA acquiring 51% ownership of K-Air Specialty Gases, Pune, India.
The new company, named Matheson K-Air Gases India Private Limited (“Matheson K-Air”), will bring together the existing industrial gases business of K-Air and the global industrial gases experience of Matheson Tri-Gas in India. Matheson K-Air plans to commence operations in March 2010 and will be headquartered at an existing K-Air facility in Pune, India.
Global M&A India and The Bridgeford Group, a unit of The Mizuho Financial Group, jointly acted as financial advisors to Matheson Tri-Gas for the transaction.
About Matheson Tri-Gas
Matheson Tri-Gas is a single source for industrial, medical, specialty and electronic gases, gas handling equipment, high performance purification systems, engineering and gas management services, and on-site gas generation with a mission to deliver innovative solutions for global customer requirements. Matheson Tri-Gas is the largest subsidiary of the Taiyo Nippon Sanso Corporation Group, one of the top five suppliers of industrial, specialty, and electronics gases in the world. www.mathesontrigas.com
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