April, 2007

Leaders advises Polar Cryogenics on its sale to Matheson Tri-Gas

On April 11, 2007, Polar Cryogenics, a medical and specialty gases business, sold its business to Matheson Tri-Gas, a member of the Taiyo Nippon Sanso Corporation (Tokyo, Japan). Jim Sedgwick, President and CEO of Polar commented, “I am delighted to see that the fine entrepreneurial spirit we have worked so hard to instill in our company will be preserved and now taken to the next level under the umbrella of Matheson Tri-Gas.  I have always regarded Polar as a very successful, smaller version of Matheson, since our value-based approach to the market has been consistent with Matheson Tri-Gas’ business philosophy.”   Leaders LLC initiated this transaction and acted as exclusive merger and acquisition advisor to Polar Cryogenics.

“Utilizing Leaders LLC to help sell our company was one of the best business decisions we have ever made. Leaders LLC walked us through the selling process step by step.”

 

Jack Federico, Shareholder & GM

Polar Cryogenics, Incorporated