Iwatani Corporation of America to acquire Advanced Specialty Gases.

Iwatani Corporation of America, a global Japanese conglomerate in the fields of cooking products, industrial gases, ceramics, electronics, plastics, chemicals, metals, and agri-bio, agreed to acquire Advanced Specialty Gases, a premier provider of a broad portfolio of specialty gases and services. Financial terms were not disclosed. "Iwatani was a natural fit for our family to transition ownership to. Iwatani will continue to invest in the business to grow, expand its product offerings and bring enhanced value propositions to customers," David Stein, Advanced Specialty Gases Owner and President.