Connecticut-based industrial, medical and specialty gases distributor Tech Air has completed the acquisition of Liquid Technology Corporation (Liquid Tech) and signed a definitive agreement to acquire the local distribution assets of JW Goodliffe & Son, Inc. (Goodliffe).
The new acquisitions become the 18th and 19th purchases for Tech Air, respectively, under CI Capital’s ownership.
New Jersey-based Goodliffe will continue to own and operate its Internet welding supply distribution site, Cyberweld.com. Closing of the transaction is expected to take place in the fourth quarter of 2016.
As a result, the company will have significantly increased its presence in the Northeastern US while establishing hubs in the Southeast, Southwest and Western US. Tech Air now services its customers through 36 branch and fill locations.
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