M&A Deal Summary

Airgas Acquires Conley Gas

On January 3, 2011, Airgas acquired chemicals company Conley Gas

Acquisition Highlights
  • This is Airgas’ 8th transaction in the Chemicals sector.
  • This is Airgas’ 50th transaction in the United States.
  • This is Airgas’ 8th transaction in Texas.

M&A Deal Summary

Date 2011-01-03
Target Conley Gas
Sector Chemicals
Buyer(s) Airgas
Deal Type Add-on Acquisition

Target

Conley Gas

La Porte, Texas, United States
Conley Gas Ltd. is a supplier of pure gases to the specialty gas industry. Conley business purifies, repackages, and distributes high-purity hydrocarbons such as methane and ethylene.

Search 202,137 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 52 of 74
Sector (Chemicals) 8 of 13
Type (Add-on Acquisition) 51 of 73
State (Texas) 8 of 12
Country (United States) 50 of 72
Year (2011) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-01 Fitch Industrial & Welding Supply

Lawton, Oklahoma, United States

Fitch Industrial & Welding Supply, Inc. is an industrial gas and welding supply distributor.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-09 Pain Enterprises

Bloomington, Indiana, United States

Pain Enterprises, Inc. is a producer and distributor of dry ice and carbon dioxide throughout the Midwestern U.S.

Buy -