- Iwatani Enters the US Specialty Gases Market -

Iwatani Corporation of America, a wholly owned subsidiary of Iwatani 
Corporation (8088: Tokyo Stock Exchange) announced on November 6 that it has 
acquired Advanced Specialty Gases, based in Reno, Nevada. Financial terms of 
the transaction were not disclosed.

Advanced Specialty Gases is a premier provider of a broad portfolio of 
specialty gases and services capable of serving customers globally and is well 
recognized for its exceptional commitment to its clients. The acquisition marks 
Iwatani's entry into the United States specialty gases market.

"Iwatani was a natural fit for our family to transition ownership to," said 
David Stein, owner and president of Advanced Specialty Gases. "Iwatani will 
continue to invest in the business to grow, expand its product offerings and 
bring enhanced value propositions to customers."

Advanced Specialty Gases serves a wide range of industries including electric 
utilities, semiconductor, mobility and chemicals among its largest segments. 
Products include specialty and rare gases as well as complex mixtures.

"Over the past 20 years, Advanced Specialty Gases has earned a solid reputation 
and built an exceptional business and talented team," said Joe Cappello, CEO of 
Iwatani Americas. "The business is a great platform for Iwatani to extend its 
global capabilities to serve customers in strong and growing markets and we are 
very pleased that Brian Hamilton, who has been an integral part of Advanced 
Specialty Gases since its inception, has been named General Manager and will 
lead the Team forward."


Source: Iwatani Corporation