Add-on Acquisition • Distribution

Airgas Acquires Safety Supply

On July 7, 1998, Airgas acquired distribution company Safety Supply

Acquisition Context
  • This is Airgas’ 10th transaction in the Distribution sector.
  • This is Airgas’ 12th transaction in the United States.
  • This is Airgas’ 1st transaction in West Virginia.

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M&A Deal Summary

Date July 7, 1998
Target Safety Supply
Sector Distribution
Buyer(s) Airgas
Deal Type Add-on Acquisition

Target Company

Safety Supply

Huntington, West Virginia, United States
Safety Supply is a branch-based safety products distributor with locations in Huntington and Parksburg, West Virginia.
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Buyer Overview 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 Context for Buyer #
Overall 12 of 74
Sector: Distribution 10 of 56
Type: Add-on Acquisition 12 of 73
State: West Virginia 1 of 1
Country: United States 12 of 72
Year: 1998 12 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-07-07 Gas House Welding Supplies

Pocatello, Idaho, United States

Gas House is a distributor of industrial, medical and specialty gases and related equipment. The company has branches in Burley, Idaho Falls and Soda Springs, Idaho, Salt Lake City, Utah and Evanston, Wyoming.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-11-05 Valley Welding Supply Co.

McAllen, Texas, United States

Valley Welding Supply Co., Inc. is a distributor of industrial gases and related equipment.

Buy -