NexAir Acquires HICO
This deal bolsters the distributor’s footprint in central Mississippi.
Posted: November 19, 2015
NexAir, LLC (Memphis, TN), one of the largest distributors of atmospheric gases and welding supplies in the United States, has announced that it has acquired the assets and operations of National Balloon & Banner, Inc. (dba HICO; Jackson. MS), a 28-year-old helium distributor. NexAir began servicing HICO customers as of the transaction closing November 2 of this year.
“The HICO team addition will help to further strengthen our existing operations in Jackson and central Mississippi, and we’re anxious to welcome our new customers to our family,” said Kevin McEniry, the chief executive officer at NexAir. “We’re hopeful that this acquisition will enhance product offerings for customers of both companies.”
The acquisition bolsters NexAir’s footprint in central Mississippi, joining nearby locations in Pearl and Louisville, and grants new customers access to seasoned industry expertise. In addition to its knowledge of helium and other industrial and specialty gases and welding supplies, the company brings expert insight in automation trends and the latest welding procedures.
“We are excited to continue servicing the helium industry in central Mississippi as part of the nexAir team,” said Ken Jones, the owner of HICO. “The combined experience and service offerings of our two companies will help ensure our customers continue to receive the products they need with the customer service they’ve grown to appreciate.”
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