Company Profile: NuCO2
Overview
NuCO2 is a leading provider in the beverage gas service sector, primarily serving the hospitality industry across the continental United States. The company specializes in delivering beverage-grade carbon dioxide and draught beer-grade nitrogen gas solutions, with a steadfast dedication to safety and compliance with International Society of Beverage Technologists (ISBT) guidelines.
Key Offerings
NuCO2 supports over 168,000 customer locations, providing a wide array of carbonation solutions tailored to various market sectors, including:
- National restaurant chains and local eateries
- Convenience and retail stores
- Entertainment venues like theme parks
- Breweries
The company's comprehensive product line includes:
- XactCO2
- XactN2
- XactMix
- Beverage System Configurations
- Safety Products
Company Evolution
- 1995-1999: Rapid expansion to 55,000 customer locations across 43 states.
- 2000-2008: Expansion under new leadership to over 100,000 locations.
- 2008-2013: Privatization and enhanced product focus on draught beer.
- 2013: Acquisition by Praxair, continued brand presence as NuCO2.
- 2018: Integration into Linde PLC following Praxair and Linde AG merger.
- 2021: Enhanced regulatory services and safety offerings.
Leadership Team
- Susan Stevenson: President
- Barbara Valus: Vice President of Human Resources
- John Templin: Senior Vice President of Sales & Service
- Dominick Brandow: Vice President of Technical Services
- Kyle Brown: Vice President, Managed Accounts, Operational Sales & Marketing
- Larry Roos: Vice President of Information Technology
Location and Contact
Head Office: 2800 SE Market Place, Stuart, FL 34997
Customer Service: (800) 472-2855 or customer.service@nuco2.com
Financial Insights
- Acquisition by Aurora Capital Group for $487 million.
- Sold to Praxair for $1.1 billion in 2013.
Strategic Focus
NuCO2 aims to maintain leadership within the beverage gas market by focusing on product innovation, stringent safety adherence, and strategic compliance expansion. The company is dedicated to being an essential partner within the hospitality sector.
Competitor Profile
Overview of Competitors
NuCO2 operates in a competitive landscape dominated by key players such as Airgas, AG Gas, Roberts Oxygen, Helget Gas, and Praxair.
Airgas
- Parent Company: Air Liquide
- Headquarters: Radnor Township, Pennsylvania, USA
- Employees: ~18,000
- Key Offerings: Industrial, medical, and specialty gases
- Presence: ~1,400 locations across North America
AG Gas
- Founded: 1996
- Industry Focus: Agriculture, emphasizing cannabis and high-value crops
- Key Offering: CO2 enrichment solutions for better yield
Roberts Oxygen
- Founded: 1966
- Headquarters: Rockville, Maryland, USA
- Market Reach: 56 locations from Pennsylvania to Florida
Helget Gas
- Founded: Early 1980s
- Sectors: Beverage and medical industries
- Core Values: Commitment to honesty, integrity, and teamwork
Praxair (Linde plc)
- Founded: 1907
- Headquarters: Danbury, Connecticut, USA
- Revenue: $11.437 billion in 2017
- Merger: Integrated with Linde AG to form Linde plc
Strategic Insights
NuCO2 confronts formidable competitors with robust distribution networks and diverse product offerings. Major players like Airgas and Praxair utilize their extensive reach and comprehensive solutions to capture market share. AG Gas, Roberts Oxygen, and Helget Gas focus on niche markets, offering specialized expertise and fostering strong customer relations. Understanding the strengths of these competitors enables NuCO2 to strategize effectively to solidify its market positioning.
