M&A Deal Summary

Air Water Acquires Noble Gas Solutions

On May 20, 2022, Air Water acquired distribution company Noble Gas Solutions

Acquisition Highlights
  • This is Air Water’s 1st transaction in the Distribution sector.
  • This is Air Water’s 1st transaction in the United States.
  • This is Air Water’s 1st transaction in New York.

M&A Deal Summary

Date 2022-05-20
Target Noble Gas Solutions
Sector Distribution
Buyer(s) Air Water
Deal Type Add-on Acquisition

Target

Noble Gas Solutions

Albany, New York, United States
Noble Gas Solutions is an independent gas and welding products distributor serving the industrial and manufacturing industries. Noble Gas Solutions was founded in 1940 and is based in Albany, New York.

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Buyer(S) 1

Buyer

Air Water

Osaka, Japan

Category Company
Founded 1929
Sector Energy Services and Equipment
Employees20,836
Revenue 1.08T JPY (2025)
DESCRIPTION

Air Water provides electronics, chemical, medical, and energy businesses. Air Water was founded in 1929 and is based in Osaka, Japan.


DEAL STATS #
Overall 3 of 3
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-17 Hitec Power Protection

Almelo, Netherlands

Hitec Power Protection is a developer, manufacturer, delivers and services emergency power solutions called UPS (Uninterruptible Power Supply) to ensure uninterruptible, continuous and conditioned power supply to mission critical processes. These UPS systems store kinetic energy through an induction coupling, which during a power outage bridges the necessary time to start a diesel generator. Hitec delivers mainly to datacentres, financial institutions, semiconductor producers, hospitals and airports. Hitec Power Protection was founded in 1894 and is based in Almelo, Netherlands.

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