M&A Deal Summary

Airgas Acquires Airtec

On April 1, 2006, Airgas acquired distribution company Airtec

Acquisition Highlights
  • This is Airgas’ 21st transaction in the Distribution sector.
  • This is Airgas’ 23rd transaction in the United States.
  • This is Airgas’ 2nd transaction in Wisconsin.

M&A Deal Summary

Date 2006-04-01
Target Airtec
Sector Distribution
Buyer(s) Airgas
Deal Type Add-on Acquisition

Target

Airtec

Altoona, Wisconsin, United States
Airtec, Inc. 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 23 of 74
Sector (Distribution) 21 of 56
Type (Add-on Acquisition) 23 of 73
State (Wisconsin) 2 of 2
Country (United States) 23 of 72
Year (2006) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-01 Rutland Tool & Supply

Whittier,, California, United States

Rutland Tool & Supply Co., Inc.markets and distributes a broad range of industrial tools, cutting tools, abrasives, machinery, precision instrument supplies, safety products and other MRO related supplies to over 20,000 customers.

Sell $15M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-03 Byrne Specialty Gases

Seattle, Washington, United States

Byrne Specialty Gases, Inc. is a distributor of specialty gases, related equipment, and cryogenic storage systems for the life sciences sectors.

Buy -