In addition, Valley National announced the completion of its acquisition of Portland Welding Supply, an industrial gas and welding supply and tool distributor with annual sales in excess of $30 million, 11 operating locations, and approximately 130 employees throughout Maine and New Hampshire of US.
Michael Ziegler, CEO of Valley National, said: Valley National Gases is committed to continuing our strategy of growth through selective, high-quality acquisitions in regions that complement our operations. Wolfenden and its employees have a strong reputation for the quality of the products and services they provide their customers, a trait they share with Portland Welding, our second recently-announced acquisition.
