Food Service & Agriculture and Small Business & Startups

Gas supplier acquires company

April 9, 2018
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beer glasses
One of Airgas' offerings is "beverage-grade CO2." Photo via fb.com

An out-of-state gas company has acquired a local family owned distributor to the food and beverage industries.

Pennsylvania- based Airgas, a supplier of industrial, medical and specialty gases, recently acquired Carbonic Systems, according to Dallas-based Generational Equity last week. The deal closed last summer.

Carbonic Systems, formerly family owned, is a regional distributor of beverage-grade CO2 and food-grade nitrogen, as well as beer gas and oxygen.

Fred Zweifel, an SVP at Generational Equity, closed the deal.

“Carbonic Systems’ distribution network provided a strong strategic opportunity for Airgas,” Zweifel said. “Airgas will now be able to provide additional opportunities to an already established regional network.”

Carbonic will continue to act as a local company and retain its current management staff.

Generational Equity

Generational Equity is a mergers and acquistions advisor.

The firm has serviced clients in food and beverage, construction, technology, automotive, health care and various other industries.

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