CAIRE Inc. Gains A New Owner
NGK SPARK PLUG CO., LTD. acquires Georgia-based oxygen supply equipment manufacturer with deep history and commitment to US medical market
Ball Ground, GA, January 2, 2019 – CAIRE Inc., a leading global manufacturer of oxygen supply equipment, is now officially a wholly-owned subsidiary of NGK SPARK PLUG CO., LTD.
The news December 20 of the acquisition followed the previous announcement from Chart Industries, Inc. of their planned divesture of its oxygen-related products business from its BioMedical division to the comprehensive ceramics processing manufacturer for $133.5 million.
“For more than 80 years, NGK SPARK PLUG has shared its innovation and commitment to quality around the globe as a leader in the spark plug market. Over the last 15 years, NGK SPARK PLUG has been utilizing its unique sensing and ceramic technologies to develop leading solutions for the health care market. Their sense of vision and planning to meet the health care needs of the future makes the acquisition of CAIRE a natural fit. CAIRE brings a legacy of 50 years in developing oxygen delivery systems and our goal to be the manufacturer of choice for the providers and people everywhere who depend on us,” said Earl Lawson, President of CAIRE Inc.
CAIRE’s award-winning oxygen therapy portfolio includes liquid oxygen systems, and portable and stationary oxygen concentrators some of which are equipped with telehealth solutions and sensitive breath detection features designed to serve those individuals suffering from serious respiratory health conditions. The manufacturer is credited with pioneering the first portable oxygen concentrator to gain FAA approval for commercial air flights. CAIRE products, marketed under the AirSep®, SeQual® and HELiOS™ brands, support the needs of home care, hospice, long-term care, and US military, particularly those serving in combat zones.
CAIRE’s industrial brand, AirSep®, supports the critical oxygen and nitrogen gas supply needs with turnkey onsite generation solutions for top-tier hospitals, and commercial applications including wastewater treatment and aquaculture.
In addition to the manufacturing headquarters in Ball Ground, CAIRE’s global locations include Anjo, Japan; Buffalo, NY; Chengdu, China; Padova, Italy; Wokingham, UK; and Wuppertal, Germany. Plans are underway in each location for Day 1 Celebrations in January 2019 to honor the new launch under the NGK SPARK PLUG umbrella.
For more information about CAIRE Inc. please call 1-800-482-2473, or email CAIRE.Request@caireinc.com.
About CAIRE Inc.
CAIRE Inc., headquartered in Ball Ground, GA, USA, has been a leading global manufacturer of oxygen supply equipment for more than 50 years. CAIRE’s portfolio, marketed under the AirSep, CAIRE, HELiOS and SeQual brands, includes portable and stationary oxygen therapy devices, and turnkey on-site generation commercial solutions. These products support home care, hospice, long-term care, hospitals, military and key industrial applications. www.caireinc.com
About NGK SPARK PLUG CO., LTD.
NGK SPARK PLUG CO., LTD., headquartered in Nagoya, Japan, is a comprehensive ceramics processing manufacturer. We hold a world leading share of spark plugs and automotive sensors for internal combustion engines and also offer a broad lineup of semiconductor packages, cutting tools, bio ceramics and industrial ceramics. Our global network of sales and manufacturing organizations with over 15,000 employees offer value creation to the world. We are now contributing to a sustainable society by developing products related to the environment energy, next generation vehicles and the medical field. The company’s belief is to embrace the challenge of new era under the catch-phrase of “manufacturing only one and number one product.”