Announced
Synopsis
KKR, a global investment firm, has agreed to acquire A-Gas, a market leader in the distribution and life-cycle management of speciality gases and chemicals, from Lloyds Development Capital, the UK’s mid-market private equity investor. Financial terms were not disclosed. It expanded its service capabilities from distribution to full recovery and reclamation of a wide range of environmentally sensitive gases and chemicals used in cooling, refrigeration and fire protection, providing end-to-end management for its global customer base. “Securing the backing of a global investment firm like KKR now enables us to continue our expansion in a growing and highly complex market from a position of real strength, which will benefit our customers and employees alike.” Martin Draper, Lloyds Development Capital CEO.
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