Portfolio

Packaged Gas Distribution

Pure Air

Pure Air Limited (Pure Air) and its subsidiaries are in the packaged gas industry. Pure Air designs and installs medical gas delivery systems, supplies medical and industrial gases and sells, operates and maintains various ‘applications’ technologies that use gases.

Pure Air started in the Cayman Islands in 1980 and was acquired by Conor in 2000. The company expanded into the Turks and Caicos Islands in 2008, into Puerto Rico in 2010 and into the SE US in 2014. Expansion throughout the balance of the Caribbean  and the US is now underway. Pure Air has established itself as a recognized leader in the $150 mm Caribbean market.

Pure Air has solid management with significant industry experience. This business generates substantial EBITDA margins, has experienced year over year growth, and generates an excellent return on invested capital.

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Packaged Gas Distribution

Description

Pure Air designs and installs medical gas delivery systems, supplies medical and industrial gases and sells, operates and maintains various ‘applications’ technologies which use gases.