The company enhanced its distribution network in the industrial and specialty gases sector with acquisitions in July, September and October.
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Meritus Gas partner operating companies High Precision Gas, High Precision Gas and OXARC have acquired distributors to expand capabilities.
So far in 2024, Meritus Gas Partners acquired two independent industrial gas and welding supply distributors and partnered with two others.
The partnership is the company's sixth transaction of the year.
Meritus intends to build out its specialty gas capabilities after acquiring a leader in the space, Global Calibration Gases.
The acquisition is Meritus Gas Partners' second in less than a week.
OXARC is Meritus's second acquisition of 2023 after the distributor holding company made three additions to its portfolio in 2022.
