MONTREAL, Aug. 2, 2012 /CNW Telbec/ - Air Liquide Canada, a subsidiary of Air Liquide Group, the world leader in gases for industry, health and the environment, announced today it has acquired all of the assets of Sunox Industrial Gases Inc. (Sunox). Specializing in the distribution of industrial gases, welding equipment and propane, Sunox is a Canadian-owned independent filler and welding products distributor in Ontario with a major filling plant located in Cambridge and a satellite outlet located in Concord.
"The acquisition of Sunox strategically aligns with Air Liquide Canada's business activities and growth plans, strengthening our presence in Ontario, a market representing substantial growth potential;" said Air Liquide Canada President and CEO Adam Peters. "We welcome our new employees, whose extensive distribution expertise and knowledge of the GTA and Kitchener, Waterloo and Cambridge markets will help further enhance our overall market position and business potential in Ontario. Sunox's reputation as a professional, service-oriented and highly efficient distributor complements Air Liquide Canada's existing industrial gases and welding products business activities."
Sunox Industrial Gases was established in 1997 by Claude Chabot, Glenn Davidson and Ken Coleman. The former Sunox owners will join Air Liquide Canada and assist with the integration and long term development of Air Liquide's distribution network in Ontario.
| Air Liquide is the world leader in gases for industry, health and the environment, and is present in 80 countries with 46,200 employees. Oxygen, nitrogen, hydrogen and rare gases have been at the core of Air Liquide's activities since its creation in 1902. Using these molecules, Air Liquide continuously reinvents its business, anticipating the needs of current and future markets. The Group innovates to enable progress, to achieve dynamic growth and a consistent performance. Innovative technologies that curb polluting emissions, lower industry's energy use, recover and reuse natural resources or develop the energies of tomorrow, such as hydrogen, biofuels or photovoltaic energy… Oxygen for hospitals, homecare, fighting nosocomial infections… Air Liquide combines many products and technologies to develop valuable applications and services not only for its customers but also for society. A partner for the long term, Air Liquide relies on employee commitment, customer trust and shareholder support to pursue its vision of sustainable, competitive growth. The diversity of Air Liquide's teams, businesses, markets and geographic presence provides a solid and sustainable base for its development and strengthens its ability to push back its own limits, conquer new territories and build its future. Air Liquide explores the best that air can offer to preserve life, staying true to its Corporate Social Responsibility and sustainable development approach. In 2011, the Group's revenues amounted to €14.5 billion, of which more than 80% were generated outside France. Air Liquide is listed on the Paris Euronext stock exchange (compartment A) and is a member of the CAC 40 and Dow Jones Euro Stoxx 50 indexes. |
Air Liquide in Canada
Founded in 1911, Air Liquide Canada has over 2200 employees and serves over 80,000 customers in Canada's aeronautics, automobile, agri-food, chemical, defence, electronics, energy, metallurgy, metal fabrication, mining and healthcare industries from sites located in key industrial regions from coast to coast.
SOURCE: AIR LIQUIDE CANADA
Air Liquide Canada
Daniel Richard
Manager, Communications
514-846-7735
[email protected]
Émilie Verret
Consultant, Communications
514-846-6176
[email protected]
Share this article