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Company will remain a stand-alone entity and offer a larger suite of services
HICAGO - Jay Kestenbaum, senior vice president, sales and purchasing, Aspen Refrigerants Inc. (formerly Airgas Refrigerants), explained how the October 2017 purchase of Airgas Refrigerants by Hudson Technologies will benefit Aspen's customers.
"Before the transaction, Airgas Refrigerants was the biggest supplier of refrigerant gases in the industry while Hudson was the industry leader as far as specialized services for commercial and industrial chiller plants and refrigeration systems," Kestenbaum said. "So, it was a very good fit. As a part of Hudson Technologies, we're able to take Aspen into different directions and open up markets that we weren't able to explore before."
Kestenbaum noted Aspen is being kept as a wholly-owned subsidiary of Hudson and will continue to function as it did before.
"We are not being swallowed up - w e're a s tand-alone company owned by Hudson," he said. "The advantage that the acquisition gives us is that we now have combined...