M&A Deal Summary

Airgas Acquires TexAir Welding Supply

On December 1, 2008, Airgas acquired distribution company TexAir Welding Supply

Acquisition Highlights
  • This is Airgas’ 38th transaction in the Distribution sector.
  • This is Airgas’ 46th transaction in the United States.
  • This is Airgas’ 7th transaction in Texas.

M&A Deal Summary

Date 2008-12-01
Target TexAir Welding Supply
Sector Distribution
Buyer(s) Airgas
Deal Type Add-on Acquisition

Target

TexAir Welding Supply

Henderson, Texas, United States
TexAir Welding Supply Ltd. is an industrial gas and welding supply distributor.

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Buyer(S) 1

Buyer

Airgas

Radnor, Pennsylvania, United States

Category Company
Founded 1982
Sector Chemicals
Employees17,000
Revenue 5.3B USD (2016)
DESCRIPTION
Airgas distribution facility in Duluth, Minnesota.
Airgas distribution facility in Duluth, Minnesota.

Airgas is a supplier of industrial, medical and specialty gases, and hardgoods, such as welding equipment and related products. Airgas produces atmospheric gases with 16 air separation plants, carbon dioxide, dry ice, and nitrous oxide, as well as supplies safety products, and refrigerants, ammonia products, and process chemicals. Approximately 17,000 associates work in more than 1,100 locations, including branches, retail stores, gas fill plants, specialty gas labs, production facilities and distribution centers. Airgas also markets its products and services through e-Business, catalog and telesales channels.


DEAL STATS #
Overall 48 of 74
Sector (Distribution) 38 of 56
Type (Add-on Acquisition) 47 of 73
State (Texas) 7 of 12
Country (United States) 46 of 72
Year (2008) 12 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-01 Gordon Woods Industrial Welding Supply

North Hollywood, California, United States

Gordon Woods Industrial Welding Supply, Inc. is an independent full-line industrial & specialty gas and equipment supplier.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-05 Great Lakes Oxygen

Painesville, Ohio, United States

Great Lakes Oxygen, Inc. is a distributor of industrial gas and welding supplies.

Buy -