Red-D-Arc Welderentals, an Airgas company, has acquired the assets and operations of eKipro Rentals and Grupo Industrial Daymaga, known collectively as eKipro.
Airgas, Inc of the nation's leading suppliers of industrial, medical, and specialty gases, and related products.
Headquartered in Villahermosa, Tabasco in Mexico, eKipro is a specialty equipment rental and services company that generated $16 million USD ($212 million MXN) in sales in 2014. Financial terms of the transaction were not disclosed.
eKipro's five locations in Poza Rica are Veracruz; Tampico, Tamaulipas; Salamanca, Guanajuato; Hermosillo, Sonora; and Ciudad del Carmen, Campeche.
Red-D-Arc Welderentals president Mitch Imielinski said: "The acquisition of eKipro will increase Red-D-Arc's presence in Mexico and strengthen its position in this important area, particularly within Mexico's energy sector.
"We're very pleased to welcome our new associates and customers to the Airgas family and look forward to continuing to offer excellent service and an expansive range of products."
eKipro founder Mauricio Gracia Peña said: "I believe the quality of service and breadth of product offering available to current and future customers in Mexico of both companies will be stronger with this combination.
"It is an honor for the eKipro team and me to join Airgas through Red-D-Arc."
Red-D-Arc Welderentals is the largest provider of welding and welding-related rental products and services in North America, with more than 60,000 welders, 3,700 weld positioning and weld automation products, and more than 1,600 electric power generators in its fleet.
Red-D-Arc's international presence includes service centers in Canada, Mexico, Europe, and the Middle East and a dealer network that includes the Caribbean, the Middle East, Kazakhstan, and Australia.