Woodcliff Lake-based Hudson Technologies recently acquired USA United Suppliers of America Inc., which does business as USA Refrigerants, for $20.7 million, with potential additional earnout payments of up to $2 million.
USA is a national refrigerant distributor and has been a leading purchaser of recovered refrigerants for over 25 years.
“We have known USA for many years, and they have built a highly respected reputation in our industry based on their expertise in refrigerant recovery, as well as their strong sales organization and high level of service and commitment. With the addition of the USA team, Hudson will create a dedicated refrigerant acquisition group focused on acquiring all types of refrigerants, from CFCs to HFCs and the latest generation products,” Brian Coleman, CEO and president of Hudson, commented.
“Hudson is the right home for our business. With their additional resources and expertise in field service, recovery and reclamation, our USA customers will continue to receive the excellent level of care and attention we have always provided, and the opportunity to combine our capabilities with Hudson’s will allow us to expand our expertise and service to a broader customer base. We look forward to joining Hudson and establishing a new team dedicated to rapidly growing refrigerant acquisition and reclaim sales,” Ted Broudy, president of USA, said.
