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Airgas Inc., Radnor, PA, an Air Liquide company and supplier of industrial, medical and specialty gases, has signed an agreement with Hudson Technologies Inc. (NASDAQ: HDSN) to sell Airgas-Refrigerants Inc., its subsidiary specializing in the distribution, packaging and reclamation of refrigerant gases. Terms were not disclosed.
Hudson Technologies Inc., Pearl River, NY, is a provider of innovative and sustainable solutions for optimizing performance and enhancing reliability of commercial and industrial chiller plants and refrigeration systems.
Both parties expect the transaction to be completed in 2017.