Skip to content
Business
Link copied to clipboard

Airgas announces three acquisitions

Airgas Inc., Radnor, today said it acquired industrial gas and welding supply distributors in Iowa, Texas and British Columbia that, together will add about $22 million in annual sales.

Airgas Inc., Radnor, today said it acquired industrial gas and welding supply distributors in Iowa, Texas and British Columbia that, together will add about $22 million in annual sales.

The acquisitions closed Saturday, Airgas said in a statement. Terms of the deals were not disclosed.  The acquired companies were Wright Welding Supply Inc. in Des Moines, Iowa; Basin Welding Supply in Odessa, Texas; and Mainland Welding Supplies Ltd., based in Surrey, British Columbia, near Vancouver.

Airgas has 14,000 employees in 1,100 locations. Shares were down 15 cents, to $49.33 in trading this morning on the New York Stock Exchange.