LDC's A-Gas acquires Australian Technochem

LDC portfolio company A-Gas has acquired Australian refrigerant re-packer Technochem.

LDC acquired A-Gas from Growth Capital Partners in a 2011 tertiary buyout. The company was valued at £70m. It then planned to accelerate the expansion of A-Gas in the UK and internationally.

Company
Technochem, based in Melbourne, Australia, blends, re-packs and distributes refrigerant gases.

People
Investment director Ian Podmore worked on the deal for LDC.

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