Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Sun., Apr. 18, 4:50 AM
Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.
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Slide #68. Airgas, Inc. — The Encompass Gas Group
Acquirer:
Airgas, Inc. (ARG)
Acquiree:
The Encompass Gas Group
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 completed the acquisition of the assets and operations of The Encompass Gas Group, effective at the close of business on October 31, 2013. Airgas first announced its agreement to acquire Encompass on October 7, 2013, subject to regulatory approval and satisfaction of other customary closing conditions.
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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Avg. Broker Rec.
 
|
Hold (1.73 out of 4) 38th percentile
(ranked lower than approx. 62% of all stocks covered)
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