M&A Deal Summary

Airgas Acquires Fitch Industrial & Welding Supply

On December 1, 2009, Airgas acquired distribution company Fitch Industrial & Welding Supply

Acquisition Highlights
  • This is Airgas’ 41st transaction in the Distribution sector.
  • This is Airgas’ 49th transaction in the United States.
  • This is Airgas’ 1st transaction in Oklahoma.

M&A Deal Summary

Date 2009-12-01
Target Fitch Industrial & Welding Supply
Sector Distribution
Buyer(s) Airgas
Deal Type Add-on Acquisition

Target

Fitch Industrial & Welding Supply

Lawton, Oklahoma, United States
Fitch Industrial & Welding Supply, 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 51 of 74
Sector (Distribution) 41 of 56
Type (Add-on Acquisition) 50 of 73
State (Oklahoma) 1 of 1
Country (United States) 49 of 72
Year (2009) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-16 Tri-Tech

Tampa, Florida, United States

Tri-Tech is a distributor of industrial, medical and specialty gases and related supplies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-03 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.

Buy -