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Victor Technologies, St. Louis, MO, has acquired Gas-Arc Group Ltd, a privately held manufacturer of gas control equipment based in the United Kingdom, for approximately $40 million in cash. Gas-Arc will continue to operate under its own name.
Gas-Arc's portfolio includes branded gas control products that meet specialty gas application requirements as well as cutting and welding equipment for the industrial, laboratory and medical gas control markets.
"Gas-Arc's manufacturing and testing facility in Diss, England, will increase our capability in delivering high quality products to the European market and strengthen our position as a leader in the high purity and medical gas control markets globally," said Martin Quinn, CEO of Victor Technologies.
Victor Technologies manufactures cutting, gas control and specialty welding equipment.