Industry News
24
M
arch
2014
Victor acquires Gas-Arc Group
VICTOR Technologies has acquired
Gas-Arc Group Ltd, a privately held
manufacturer of gas control equipment
based in the UK, for approximately
$40mn, subject to post-closing
adjustments.
Gas-Arc’s
portfolio
includes branded gas control products
that meet gas application requirements
as well as cutting and welding equipment
for the industrial, laboratory and medical
gas control markets. Gas-Arc will
continue to operate under its own name.
“Gas-Arc has shown an ability to
anticipate changes in the market and
innovate quickly, allowing customers
to capitalise on the latest industrial,
laboratory and medical opportunities,”
said Martin Quinn, CEO of Victor
Technologies. “In addition, Gas-Arc’s
manufacturing and testing facility
in Diss, England, will increase our
capability in delivering high quality
products to the European market and
strengthen our position as a leader in
the high purity and medical gas control
markets globally.”
John Gray, managing director of
Gas-Arc, added, “Joining the Victor
team enables us to realise our full
growth potential, which in turn helps
to secure the future for our valued
and skilled employees while offering
opportunities for our customers and
suppliers. Both companies share a
common vision: to provide innovative
gas control solutions by collaborating
with our end users.”
Gas-Arc Group’s recent innovations
include the development of multi-
cylinder pack manifolds and high purity
gas automatic changeover pressure
reduction manifolds, both of which
are designed and manufactured in the
UK to comply with recognised global
standards. The company’s broad
offering also includes laboratory and
technical grade gas regulators, auto-
change and manual manifolds, pipeline
outlet points, point of use control panels
and flashback arrestors, and a range of
cutting, welding and heating torches and
accessories.
Victor Technologies
– USA
Website:
Joint promotion of end-forming
technologies
ARISTO Machines has signed an
agreement to represent R&B Machining
in the promotion and sales of its
machines and tooling targeting tube
bending and forming markets.
R&B CEO Joe Eramo stated, “Aristo
brings to R&B 60 years of technical
expertise in tube forming applications
as well as an installed base of
hundreds of tube end formers. Having
[Aristo president and owner] Rob Dean
become a member of our growing team
reflects our commitment to the rapid
expansion of our tube end forming
machine product line.”
Mr Dean commented, “R&B shares
my passion and vision for delivering
best-in-class customer service and
developing cost-effective solutions
to generate exceptional value for
customers. I know that Aristo’s
customers will value R&B’s reputation
for manufacturing high quality tube end
forming solutions.”
R&B Machining, Inc
– USA
Fax: +1 937 382 6727
Email:
Website:
Aristo Machines, Inc
– USA
Email:
Website:
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