Airgas Mergers and Acquisitions Summary

Chemicals Company

Airgas has acquired 74 companies of its own, including 7 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.

Airgas’ largest acquisition to date was in 2007, when it acquired Linde Gas USA for $310M. It’s largest disclosed sale occurred in 2005, when it sold Rutland Tool & Supply to Lawson Products for $15M. Airgas has acquired in 28 different US states, and 3 countries. The Company’s most targeted sectors include distribution (76%) and chemicals (18%).

Join Mergr and gain access to Airgas’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the chemicals sector.

M&A Summary

  • M&A Total Activity75
    • M&A Buy Activity74
    • M&A Sell Activity1
  • Total Sectors Invested 7
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 6

Airgas, Inc.

259 North Radnor-Chester Road, Suite 100,
Radnor, Pennsylvania 19087
United States,
(610) 687-5253
www.airgas.com

Airgas, Inc. 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.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.8/yr) # 70 2 - 1 1 - 74
vol $510M $510M
Sell (0.0/yr) # 1 - - - - - 1
vol $15M $15M
  75

Most Recent M&A

Company Date Value Type
Tech Air 2019-02-12 - Add-on Acquisition
Danbury, Connecticut · www.techair.com
Weiler Welding Co., Inc. 2018-04-30 - Add-on Acquisition
Moraine, Ohio · www.weilerwelding.com
Monroe Welding Supply, Inc. 2016-06-16 - Add-on Acquisition
Monroe, Louisiana · www.monroewelding.com
Clark Industrial Supply, Inc. 2016-06-16 - Add-on Acquisition
Pottstown, Pennsylvania · www.clarkindustrialsupply.com
Priority Energy Services LLC 2015-07-20 - Add-on Acquisition
Covington, Louisiana · www.priorityenergyllc.com
Weldinghouse, Inc. 2015-07-17 - Add-on Acquisition
Corpus Christi, Texas · www.weldinghouse.com
Valley Air Supply, Inc. 2015-05-12 - Add-on Acquisition
Muscle Shoals, Alabama · www.valleyairsupply.com
Team Welding Ltd. (dba Technical Alloy & Industrial Gas) 2014-06-16 - Add-on Acquisition
Houston, Texas · www.technicalalloy.com
Welding & Therapy Service, Inc. 2014-03-04 - Add-on Acquisition
Louisville, Kentucky · www.weldingandtherapy.com
The Encompass Gas Group, Inc. 2013-10-31 - Add-on Acquisition
Rockford, Illinois · www.encompassgas.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Red-D-Arc, Inc.    - Hember Ltd. 2014-06-25 3
Grimsby, Ontario · www.red-d-arc.com Warrington, United Kingdom
Red-D-Arc, Inc.    - D&D Power LLC 2012-12-27 2
Grimsby, Ontario · www.red-d-arc.com Decatur, Texas · www.d-dpower.com
Airgas Carbonic, Inc.(dba Airgas Dry Ice)    - Carbonic Group LLC 2012-07-02 1
Lawrenceville, Georgia · www.airgasdryice.net Tampa, Florida
National Welders Supply Co., Inc.    - Reese Oxygen & Hydro-Testing LLC 2012-07-01 1
Charlotte, North Carolina Gibsonville, North Carolina
Red-D-Arc, Inc.    - Soudogaz, Inc. 2012-07-01 1
Grimsby, Ontario · www.red-d-arc.com Chicoutimi, Quebec · www.soudogaz.com

M&A by Sector

Sector Buy # Value Sell # Value
Distribution 56 (76%) 200M (39%) 1 (100%) 15M (100%)
Chemicals 13 (18%) 310M (61%) - -
Building Materials 1 (1%) - - -
E-Commerce 1 (1%) - - -
Energy Services and Equipment 1 (1%) - - -
Machinery 1 (1%) - - -
Safety/Security 1 (1%) - - -
Total 74 $510M 1 $15M

By Geo

State/Country Buy Value Sell Value
United States 72 510M 1 15M
  California 13 - 1 15M
  Texas 12 - - -
  Alabama 4 - - -
  New York 3 - - -
  Michigan 3 - - -
  Louisiana 3 - - -
  Florida 3 - - -
  Wisconsin 2 - - -
  Washington 2 - - -
  Pennsylvania 2 - - -
  Ohio 2 - - -
  Mississippi 2 - - -
  Kentucky 2 - - -
  Indiana 2 - - -
  Connecticut 2 - - -
  Arizona 2 - - -
  West Virginia 1 - - -
  Utah 1 - - -
  Oregon 1 - - -
  Oklahoma 1 - - -
  New Hampshire 1 - - -
  Minnesota 1 - - -
  Kansas 1 - - -
  Iowa 1 - - -
  Illinois 1 - - -
  Idaho 1 - - -
  Georgia 1 - - -
Canada 1 - - -
  British Columbia 1 - - -
United Kingdom 1 - - -
Domestic 72 (97%) 510M (100%) 1 (100%) 15M (100%)
Cross-border 2 (3%) - - -
Total 74 $510M 1 $15M

Deal Values

buy # Total
$100M to $1B 2 $510M
TOTAL $510M
Largest Linde Gas USA LLC
$310M (2007-06-30)
sell # Total
< $100M 1 $15M
TOTAL $15M
Largest Rutland Tool & Supply Co., Inc.
$15M (2005-11-01)

M&A Connections

Deals %
Acquired from
PE Firm(s)
40%
2 40%
Strategic(s)
60%
3 60%
Divested to
Strategic(s)
100%
1 100%

 Subscribe to unlock this and 155,724
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.0K Private Equity Firms
  • 144K M&A Transactions
  • 152K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 45K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.