APR Supply Co. Acquires Environmental Recovery Services
The acquisition will allow APR to partner with other regional wholesalers nationwide and create its own security in refrigerant supply
LEBANON, Pa. — Scott Weaver, president and CEO of APR Supply Co., has acquired a majority share of Environmental Recovery Solutions (ERS), a first of-its-kind mobile refrigerant reclamation company based in Lebanon, Pennsylvania.
The acquisition, which was finalized in October 2017, immediately expanded the services that APR can offer at each of its 38 locations in Pennsylvania, New Jersey, New York, and Delaware. In addition, the growth of ERS’ mobile systems and storage capacity will allow APR the opportunity to partner with other regional wholesalers across the nation, creating its own security in refrigerant supply.
“With the production of R-22 coming to an end in 2020, the refrigerant will grow increasingly scarce,” said Weaver. “The market will most likely see the same scenario develop for the supply of R-410 in a number of years. This acquisition ensures that APR will be able to meet customer demand going forward.”
While ERS acts as a traditional refrigerant reclamator, the company’s specialty is traveling to commercial job sites in order to collect refrigerant on-site. By acquiring ERS, APR has secured its supply of clean refrigerant.
Beyond guaranteeing availability of refrigerant, APR can now offer on-site collection, faster turn-around times, and project time savings for customers. The heavy-duty reclamation equipment used by ERS is able to draw down large systems quickly and efficiently, which allows contractors to be more competitive and profitable.
“We continue to operate independent of APR,” said Rich Bond, a founding partner of ERS. “There’s already been an overall increase in our recovered and reclaimed gas. Along with the vastly expanded customer base that APR brings, the acquisition will add to our bottling capabilities and storage capacity.”
The innovative reclamation company has served clients as distant as Oklahoma when project size warrants long distance travel.
“This acquisition is exciting for both APR Supply and ERS,” said Weaver. “Both companies are poised for growth, and our customers stand to benefit.”
For more information, visit www.environmentalrecoverysolutions.com.
Publication date: 12/19/17