CAPE GIRARDEAU, MO (PRWEB) MAY 16, 2023 OzArc Gas Equipment & Supply, Inc. (“Ozarc”), a portfolio operating company of Meritus Gas Partners (“Meritus”), announced today that it acquired Eagle Safety Products, LLC (“Eagle Safety”), headquartered in Union, MO. Financial terms of the transaction were not disclosed.
Founded in 2008, Eagle Safety is an independent distributor of industrial gases, welding and safety supplies serving the southwestern St. Louis metropolitan area. Eagle is led by founder and principal owner Dennis Hartmann, who will remain with the business following the transaction.
“Eagle is a longstanding distributor of Ozarc’s,” said James Garner, OzArc’s President. “This transaction cements Ozarc’s partnership with Eagle. Eagle’s customers can expect to receive the same high level of service and quality products they have come to expect from Eagle. Eagle’s location in Union, MO fills a geographic hole for Ozarc between our Rolla, MO and St. Louis, MO branches, allowing us to better serve our customers in the St. Louis metropolitan area.”
“Eagle’s location in Union, MO fills a geographic hole for Ozarc between our Rolla, MO and St. Louis, MO branches, allowing us to better serve our customers in the St. Louis metropolitan area.”James Garner, OzArc
“We are excited to be joining OzArc, a company that shares our commitment to delivering exceptional service and quality products to our customers,” said Eagle’s Dennis Hartmann. “We look forward to leveraging OzArc’s and Meritus’ resources and expertise to continue to grow and better serve our customers in the region.”
“We are pleased to welcome Eagle into OzArc and the Meritus family,” said OzArc’s CEO, Bill Mayo. “We look forward to working with Dennis and the dedicated Eagle employees to grow Eagle’s business and capture more of the growing St. Louis market. The Eagle transaction is an example of the type of tuck-in acquisition we can now execute as a partner company of Meritus. It will widen Ozarc’s geographic footprint and we are excited about our continued growth.”
OzArc is Missouri’s longest-operating, independent provider of industrial gases and welding related equipment, serving southeastern Missouri, northern Arkansas, and southern Kentucky from nine (9) locations. Meritus Gas Partners acquired OzArc in October 2021. Visit us online at https://meritusgas.com/partners/ozarc-gas.
Founded in December 2020, Meritus is assembling a national network of high-quality independent distributors of industrial, medical and specialty gases and welding and safety supplies, located in diverse geographies and serving growing end-markets. Meritus will partner with exceptional businesses and management teams, allow them to remain independent and entrepreneurial and support them to accelerate growth, improve business quality and enhance value. Owners are invited to invest meaningful equity into the Meritus holding company to allow them to share in the success of the overall platform. Visit us online at www.MeritusGas.com.