nexAir Acquires Air Liquide Facilities in Tennessee
This deal increases nexAir’s liquid carbon dioxide and dry ice business in the mid-South.
Posted: February 2, 2016
nexAir LLC (Memphis, TN) one of the largest distributors of atmospheric gases and welding supplies in the U.S., announced that it has purchased the Millington, TN, liquid carbon dioxide and dry ice facilities from Air Liquide America Corporation (Houston, TX). The transaction is complete and nexAir has assumed operations of the facilities.
The organization’s five employees will join nexAir’s Tennessee operations and will operate this business through nexAir Carbonic, a wholly-owned subsidiary of nexAir. “We are looking forward to working with our new team members who will help us build our dry ice offerings,” said Kevin McEniry, the chief executive officer of nexAir. “We are eager to begin serving our new customers and extending our Carbonic offerings across a broader geographic footprint.”
This acquisition increases nexAir’s liquid carbon dioxide and dry ice offerings to the mid-South. The company’s existing Carbonic facility in Brandon, MS, already supplies dry ice to various food production and distribution facilities, healthcare clinics, research facilities, pharmaceutical companies, universities and labs, among others. Air Liquide’s customers at these facilities will be served by nexAir Carbonic, and these additional facilities will grant new customers across a larger area, access to the company’s seasoned expertise. In addition to its knowledge of industrial and specialty gases and welding supplies, nexAir has supplied customers with dry ice for the last 15 years.
The company will spend the coming month converting the Air Liquide facilities to nexAir Carbonic locations, implementing their culture of safety and efficiency and serving customers in the manner they have come to expect.
Founded in 1940, nexAir sells, packages and distributes atmospheric gases, including medical, specialty and industrial gases. nexAir also sells related products, including welding equipment, welding supplies, safety supplies and dry ice. The company operates as nexAir and through its wholly-owned subsidiaries, nexAir Carbonic and Praxair Distribution Southeast.
www.nexAir.com, www.airliquide.com, www.nexair.com/dry-ice/nexair-carbonic
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