Fluitron Inc., an industrial gas compression manufacturer, revealed it has acquired Bethlehem Hydrogen Inc., a manufacturer of integrated hydrogen compression, dispensing, and storage systems. 

Fluitron's acquisition of BHI marks the first step in building a global platform of hydrogen infrastructure and refueling solutions. Fluitron and BHI will work together to provide cost-competitive and high-quality integrated hydrogen compression, dispensing, and storage systems.

"We have been very impressed by BHI's track record over the past decade in providing cutting-edge integrated hydrogen systems," said Bob Chiccarine, Vice President at Fluitron. "BHI has many years of experience providing integrated hydrogen systems to customers around the world. The Company's strong institutional knowledge, global customer relationships, and talented group of employees will strengthen Fluitron and expand its geographic reach."

"For more than a decade, BHI has provided customers with engineered, customized hydrogen technology solutions for energy storage and use in diverse markets," said BHI President Tom Joseph. "We have a record sales backlog for hydrogen systems and look forward to working hand-in-hand with the Fluitron team to further cross-sell and deliver integrated solutions for our customers. Fluitron and BHI have strong strategic alignment with our shared focus on the hydrogen economy, and together we are positioned to be a market leader in distributed hydrogen infrastructure with Ara's support." 

Ara Partners, a private equity firm focused on industrial decarbonization, sponsored Fluitron's acquisition. Terms of the transaction were not disclosed.