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Industrial M&A image Industrial M&A » By The Online Investor Staff, updated Sat., May. 30, 8:52 PM Recent mergers and acquisitions in the Industrial M&A category.

Slide #50. Airgas Welding & Therapy Service, Inc.

Acquirer: Airgas (ARG)
Acquiree: Welding & Therapy Service, Inc.
Details: Airgas, Inc. (NYSE:ARG), one of the nation's leading suppliers of industrial, medical, and specialty gases, and related products, today announced that it has acquired Welding & Therapy Service, Inc., an industrial and medical gas and welding supply distributor with five locations in Indiana and Kentucky and annualized revenues of more than $10 million. Financial terms of the transaction were not disclosed.

Airgas is a supplier of industrial, medical and specialty gases, and hardgoods, such as welding equipment and related products. Co. is a producer of atmospheric gases, carbon dioxide, dry ice and nitrous oxide, and a supplier of refrigerants, ammonia products and process chemicals. Co. also provides supply chain management services and solutions, and product and process technical support. Co. has two segments: Distribution, which provides a portfolio of related gas and hardgoods products and services to the end customers; and All Other Operations, which consists of six business units which manufacture and/or distribute carbon dioxide, dry ice, nitrous oxide, ammonia and refrigerant gases.

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Company Name: 
Airgas Inc.
Stock buyback: 
ARG buyback
Website: 
www.airgas.com
Sector: 
Industrial Machinery & Equipment
 

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Hold (1.73 out of 4)
76th percentile
(ranked higher than approx. 76% of all stocks covered)
Based on Zacks ABR data;
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