18 December 2012 22:09 [Source: ICIS news]
HOUSTON (ICIS)--Airgas has acquired the assets of four businesses for an undisclosed sum, the US industrial and specialty gases supplier said on Tuesday.
US Welding & Safety Supply’s operations in Miami, Florida, joined Airgas’s south region effective on 3 December. US Welding & Safety Supply specialises in the distribution of welding equipment and related hard goods.
Airgas also completed the acquisition of industrial gas andistributor Rebel Welding & Industrial Supply on 3 December. Rebel’s operations in Vicksburg, Mississippi, and Tallulah, Louisiana, also will join Airgas’s south region.
A third addition to Airgas’s south region iss industrial gas and welding supply distributor Sadler Wedling Products, which has operations in Dothan, Eufaula and Troy, Alabama; and Panama City, Florida. The acquisition of Sadler became effective on 17 December.
Additionally, Airgas acquired Rochester Welding Supply, also effective on 17 December, to join its northeast region. Rochester is an industrial gas and welding supply distributor with New York operations in Rochester and Manchester.
The combined annual revenues of the four businesses is about $20m (€15.2m).
Airgas has acquired 12 businesses this fiscal year.
$1 = €0.76
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