M&A Deal Summary

NuCO2 Acquires NexAir - Bulk CO2 Beverage Carbonation Business

On December 31, 2008, NuCO2 acquired distribution company NexAir - Bulk CO2 Beverage Carbonation Business from nexAir

Acquisition Highlights
  • This is NuCO2’s 1st transaction in the Distribution sector.
  • This is NuCO2’s 1st transaction in the United States.
  • This is NuCO2’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2008-12-31
Target NexAir - Bulk CO2 Beverage Carbonation Business
Sector Distribution
Buyer(s) NuCO2
Sellers(s) nexAir
Deal Type Divestiture

Target

NexAir - Bulk CO2 Beverage Carbonation Business

Memphis, Tennessee, United States
NexAir - Bulk CO2 Beverage Carbonation Business is a supplier of bulk CO2.

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Buyer(S) 1

Buyer

NuCO2

Stuart, Florida, United States

Category Company
Founded 1990
Sector Chemicals
Employees818
Revenue 250M USD (2013)
DESCRIPTION

NuCo2 is a supplier of liquid carbon dioxide (as opposed to carbon dioxide gas in cylinders) to retail establishments for carbonating and dispensing fountain beverages. It is also the only national supplier to this essentially noncyclical U.S. market.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1

Seller(S) 1

SELLER

nexAir

Memphis, Tennessee, United States

Category Company
Founded 1940
Sector Distribution
DESCRIPTION

nexAir, one of the distributors of atmospheric gases and welding supplies in the United States.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-01 Opelika Industrial Gases

Opelika, Alabama, United States

Opelika Industrial Gases LLC is a provider of Welding Services.

Buy -