LDC sells stake in A-Gas to KKR

LDC said June 5 that it sold its investment in A-Gas to KKR. Financial terms weren’t announced. A-Gas, of Bowling Green, Ohio, is a subsidiary of A-Gas International, of the UK, and is the largest refrigerant recovery and reclamation company in the United States. LDC said it will make 3.3x money multiple on its original investment and an IRR of 24 percent.

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