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Markets :: Industrial Gases

Matheson acquires US dry ice business Continental Carbonic Products

8:23 AM MST | February 14, 2014 | Lindsay Frost

Matheson Tri-Gas (Basking Ridge, NJ), a a subsidiary of Taiyo Nippon Sanso Corp. (TNSC; Shinagawa, Japan), has completed the acquisition of Continental Carbonic Products (Decatur, IL), a manufacturer and supplier of dry ice and liquid carbon dioxide. Continental Carbonic operates 31 branches and eight production facilities throughout the Midwest, eastern, and southern United States, the company says. Financial terms of the agreement have not been disclosed. "TNSC has positioned the strengthening of its North American business base as one pillar of its...

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