M&A Deal Summary

Airgas Acquires Abel Carbonic Products

On May 1, 1998, Airgas acquired chemicals company Abel Carbonic Products

Acquisition Highlights
  • This is Airgas’ 2nd transaction in the Chemicals sector.
  • This is Airgas’ 7th transaction in the United States.
  • This is Airgas’ 2nd transaction in California.

M&A Deal Summary

Date 1998-05-01
Target Abel Carbonic Products
Sector Chemicals
Buyer(s) Airgas
Deal Type Add-on Acquisition

Target

Abel Carbonic Products

Sacramento, California, United States
Abel Carbonic Products, Inc. is a manufacturer and distributor of dry ice in California.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 7 of 74
Sector (Chemicals) 2 of 13
Type (Add-on Acquisition) 7 of 73
State (California) 2 of 13
Country (United States) 7 of 72
Year (1998) 7 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-02-23 Con-Gas

Arlington, Texas, United States

Dry Ice, Inc. is a manufacturer and distributor of liquid carbon dioxide and dry ice.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-05-08 State Welders Supply

Sulphur, Louisiana, United States

State Welders Supply LLC is a distributor of industrial and specialty gases and related equipment.

Buy -