Ara Partners completed the acquisition of Fluitron.

Ara Partners, a private equity firm, completed the acquisition of Fluitron, a company specializing in manufacturing industrial gas compression. Financial terms were not disclosed. "We believe in hydrogen's potential to decarbonize multiple industries, and Fluitron will play a key role in the energy transition. Fluitron has an exceptional track record of providing high-quality compression equipment and services to its global array of customers, and its expertise in diaphragm compressors positions it to take advantage of the demand for secure, high-pressure compression needs for hydrogen dispensing and storage infrastructure. Tony and Bob are well-respected veterans of the compression industry, and we are confident that Fluitron will continue expanding at a rapid pace under their continued leadership," Tuan Tran, Ara Partner.