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Hudson Technologies to Acquire Airgas-Refrigerants
2017/09/03
September 1, 2017
PEARL RIVER, N.Y. - Hudson Technologies Inc. announced that it has entered into a definitive agreement to acquire Airgas-Refrigerants Inc. (ARI), a subsidiary of Airgas Inc., in a transaction valued on a gross basis at approximately $220 million, subject to closing and post-closing adjustments.
 
ARI is a refrigerant distributor and U.S. Environmental Protection Agency (EPA)-certified reclaimer in the U.S. ARI distributes, reclaims, and packages refrigerant gases for a variety of end uses.
 
Potential benefits of the acquisition include:
 
    ARI’s hydrofluorocarbons (HFC) distribution business will favorably position Hudson as the industry shifts from hydrochlorofluorocarbons (HCFCs) to HFCs;
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