M&A Deal Summary

Airgas Acquires Hattiesburg

On March 30, 2012, Airgas acquired chemicals company Hattiesburg

Acquisition Highlights
  • This is Airgas’ 11th transaction in the Chemicals sector.
  • This is Airgas’ 53rd transaction in the United States.
  • This is Airgas’ 1st transaction in Mississippi.

M&A Deal Summary

Date 2012-03-30
Target Hattiesburg
Sector Chemicals
Buyer(s) Airgas
Deal Type Add-on Acquisition

Target

Hattiesburg

Hattiesburg, Mississippi, United States
Nordan Smith is a distributor of industrial, medical and specialty gases and related supplies.

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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 55 of 74
Sector (Chemicals) 11 of 13
Type (Add-on Acquisition) 54 of 73
State (Mississippi) 1 of 2
Country (United States) 53 of 72
Year (2012) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-31 ABCO Gases Welding and Industrial Supply

Waterford, Connecticut, United States

ABCO Gases, Welding and Industrial Supply Co., Inc. is a medical and industrial customers with high-purity gases, liquid gases, specialty gas mixes, protocol gases, as well as industrial welding and cutting equipment, and automated and robotic welding solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-01 Terjan

Bakersfield, California, United States

Valley Welding & Industrial Supply is a welding supply distributor.

Buy -