With effect from July 1, Nippon Sanso Holdings acquired three industrial gas companies of Australia and New Zealand, Coregas, Blacksmith Jacks and Coregas NZ (hereinafter called the Coregas Group) and fully affiliated them at the position under its Australian subsidiary NSC (Australia).　

In December 2024, Nippon Sanso signed an agreement with Wesfarmers which had the shares of the Coregas Group to acquire all of the shares. After finishing the required procedure and examination, the company completed all necessary steps to obtain the shares. The cost to acquire the shares amounted to 770 million Australian Dollars (equivalent to about 72.7 billion yen). 

The Coregas Group is the industrial gas major in Australia and New Zealand having with 32 business offices and an extensive sales network pf over 620 companies. The main lines of the group’s business include sales of gases to steelmakers, mining companies and various manufacturers. In addition, the group extensively deals with also medical gases, high purity gases and specialty gas like standard gases.

Although the scale of business is not disclosed, it is anticipated that the acquisition at this time will make the Australian business account for 40% or so of the total Asian and Oceanian business segment of the company, and the Australian business segment will be ranked at the top of business area.

Nipppon Sanso Holdings is planning to reinforce further the industrial gas business making closer relationship with Supagas of the existing Australian local business company, so that further reinforcement of gas business may be expanded in the Australian and New Zealand markets.