Matheson acquires Weld Specialty Gas & Equipment

Irving, Texas-based Matheson has acquired Weld Specialty Gas & Equipment Inc., a supplier of industrial, specialty, and bulk gases, as well as welding hard goods, equipment, and safety products. Based in Milwaukee, Weld Specialty operates out of four locations in the southeastern Wisconsin.

Steve Foster, executive vice president at Matheson, said, "This investment is consistent with our vertical integration and product line extension strategies. In this case, the added cylinder distribution capabilities and sizeable hard goods customer base will help build density in the Wisconsin market."

Matheson is a supplier of medical, specialty, and electronic gases; welding and safety supplies; gas handling equipment; purification systems; engineering and gas management services; and on-site gas generation.