The 2020 Mid-Year Economic Update_long

Arcet Equipment, Machine & Welding Supply Merge

The merger combines two Southeast industrial gas and welding supply distributors.

Effective October 1, Arcet Equipment Co. of Richmond, VA and Machine & Welding Supply Co. of Dunn, NC have merged. The two companies will initially operate as wholly owned subsidiaries of a new entity known as Arc3 Gases Inc.

This 50/50 merger brings together two independent industrial gas and welding supply distributors in the Southeast. The balanced structure of the merger ensures that the family ownership and management heritage of each respective company is maintained while positioning the combined businesses to further solidify and build upon their shared market position.

The new entity will operate 46 retail locations in NC, SC and VA and a beverage CO2 business serving the Eastern U.S. from Delaware to Florida.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By :