Air Water America Inc. have Strategically Framed the Acquisition of American Gas Products Inc.

Air Water America Inc., under the umbrella of Air Water Inc., has devised a strategic acquisition of American Gas Products Inc. (AGP), a Massachusetts-based supplier recognized for its significant presence in the helium and industrial gas markets across the U.S.

AGP, since its inception in 2002, has meticulously crafted a sturdy presence in the helium markets, both retail and wholesale, extending its influence with a local full-service industrial and specialty gas supply facility, a retail store, and an established helium infrastructure inclusive of good sources and filling stations at seven strategic locations, while maintaining a sales network that traverses 28 states.

The announcement of the acquisition has been met with optimism and positive remarks from AGP's leadership. Michael D'Auria, AGP's former CEO and owner, reflected positively on the acquisition, highlighting the continuation of AGP's tradition of excellence and value in the industrial gas sector while also ushering in a period where AGP's clientele will benefit from the substantial resources and proficiency of Air Water.

Simultaneously, Matt D'Auria, CEO of AGP, views this amalgamation as a springboard for introducing innovative strategies and catalyzing growth, with an anticipation that the expertise of Air Water will not only facilitate further expansion and augment profitability in AGP's helium division but also firmly position AGP as a front-runner in the industrial and specialty gases domain, particularly in the New England market.

North America has been a pivotal region for Air Water Inc.'s global expansion endeavors. In the last half-decade, Air Water America has substantially invested in the industrial gas equipment and engineering sectors, acquiring several companies, including Taylor-Wharton, TOMCO2 Systems, Cryogenic Vessels Alternative (CVA), Dohmeyer Cryogenics, AMCS, CO2 Air, M1 Engineering, and also establishing an equity presence in First Element Fuels. Additionally, it fortified its local industrial gas distribution foothold by acquiring Noble Gas Solutions in 2022 and Phoenix Welding Supply in 2023 and declaring an investment in an air separation plant in Rochester, New York, in August 2023.

In the words of Hiroyuki Minesaka, President and CEO of Air Water America, this acquisition signifies a pivotal move in their strategic expansion, diversifying and enhancing their gas offerings with AGP to solidify their standing as a comprehensive industrial gas supplier and expanding Air Water’s helium footprint. Ultimately, this move illustrates Air Water America’s intent to further immerse itself into the helium and industrial gas sectors, underscoring a steadfast commitment to innovating and expanding within the North American market.

According to the article by Procurement Resource, Air Water America Inc., a subsidiary of Air Water Inc., has tactically acquired American Gas Products Inc. (AGP), intensifying its foothold in the U.S. helium and industrial gas markets. AGP, with its robust helium market presence and expansive infrastructure, ushers in new growth avenues for Air Water. With AGP's leadership expressing positive anticipations about enhanced client benefits and innovations via this union and considering Air Water’s past strategic acquisitions in the North American region, this development signifies a strategic amplification of their helium and industrial gas offerings.