Airgas To Sell Airgas-Refrigerants Subsidiary To Hudson Technologies

8/9/17

RADNOR, Pa.--(BUSINESS WIRE)--Airgas, an Air Liquide company and a leading U.S. supplier of industrial gases, welding technologies, and safety products, today announced that it has signed an agreement with Hudson Technologies, Inc. (NASDAQ: HDSN) to sell Airgas-Refrigerants, Inc., its subsidiary specializing in the distribution, packaging and reclamation of refrigerant gases.

Hudson Technologies, Inc., headquartered in Pearl River, NY, is a leading provider of innovative and sustainable solutions for optimizing performance and enhancing reliability of commercial and industrial chiller plants and refrigeration systems.

The transaction is subject to customary closing conditions. Both parties currently expect the transaction to be completed in 2017.

About Airgas

Airgas, an Air Liquide company, is the leading U.S. supplier of industrial, medical and specialty gases, as well as hardgoods and related products; one of the largest U.S. suppliers of safety products; and a leading U.S. supplier of refrigerants, ammonia products, and process chemicals.

Dedicated to improving the performance of its more than 1 million customers, Airgas safely and reliably provides products, services and expertise through its more than 18,000 associates, over 1,100 locations, robust e-Business platform, and Airgas Total Access telesales channel.

As an Air Liquide company, the world leader in gases, technology and services for Industry and Health, Airgas offers customers an unrivaled global footprint and industry leading technology and innovations.

For more information, please visit www.airgas.com.

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