M&A activity has become crucial within the industry for companies to stay ahead of the game, and ASCO, based in Romanshorn, Switzerland, has seen its fair share.
Intertwining extra additions over the years, Managing Director Marco Pellegrino explains, has given ASCO the know-how and experience of over 130 years to flourish in its respective fields. “We have committed to a growth strategy, so it means we keep our eyes open and wherever we see a good possibility we are interested,” he confirmed of further potential partners.
ASCO was originally set up by Thomas Trachsel in 1975. He started with marketing carbon dioxide (CO2) plants in New Zealand and bringing them to the rest of the world. In 1987, he got the chance to buy Kiwi-company Carbonic Industries which Pellegrino explains gave ASCO the ‘know-how for CO2 plants since 1934’ – the year Carbonic Industries was founded.
... to continue reading you must be subscribed
