Basking Ridge, NJ – October 17, 2008 – Matheson Tri-Gas, Inc. (MTG) has successfully
acquired the assets and business of Aeris, Inc. of Northern California and Nevada. The purchase
will add fourteen new locations to the Matheson Tri-Gas network, and the acquired business will
become a part of the Matheson Tri-Gas Industrial Gas Group Northern California region.
Aeris, Inc. is Northern California’s largest leading independent medical, industrial and specialty
gas manufacturer. Aeris, Inc. was formed through the merger of Wine Country Gases, Central
Coast Gases, Wesco, Arc Gas Products, and Air Arc Supply in January 2006. This merger was
initiated by the founding partners Gary Minnis, Michael Beckley, and Dan Guerra. Dan Guerra will
continue to head the business as Regional Vice President for Matheson Tri-Gas, Inc.
Bill Kroll, Chairman, President & CEO, Matheson Tri-Gas, Inc. stated, "We have always admired
Aeris as a well run company and their addition to the MTG network is a move to strengthen our
presence in Northern California. The Aeris combination with the MTG network will bring increased
value for the customers. “
Steve Foster, Corporate Vice President, Matheson Tri-Gas, Inc. added, "We are pleased by the
acquisition and welcome aboard our new team members from Aeris. The Aeris business
capabilities will complement our local merchant liquid business and we look forward to the future
growth opportunity that this acquisition affords."
According to Dan Guerra, President, Aeris, Inc., "We are proud that Aeris has now become part of
the Matheson Tri-Gas, Inc. family and I am excited by the opportunity to continue leading this
business. The alignment of our cultures and key service principles assures our success and will
create considerable benefit to our customers and employees."
Matheson Tri-Gas, Inc. is a single source for industrial, medical, specialty and electronic gases,
gas handling equipment, high performance purification systems, engineering and gas
management services, and on-site gas generation with a mission to deliver innovative solutions
for global customer requirements. Matheson Tri-Gas, Inc. is the largest subsidiary of the Taiyo
Nippon Sanso Corporation Group, one of the five largest suppliers of industrial, specialty, and
electronics gases in the world.