Airgas Announces Core Business Acquisitions

Tue Dec 18, 2012 4:10pm EST

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Adds four industrial gas and welding supply distributors with combined annual
revenues of approximately $20 million


RADNOR, Pa.--(Business Wire)--
Airgas, Inc. (NYSE: ARG), the largest U.S. supplier of industrial, medical, and
specialty gases, and related products, today announced that it has acquired the
assets and operations of four businesses that complement the Airgas portfolio of
products and services. Combined annual revenues for the four acquired businesses
are approximately $20 million. Financial terms of the transactions were not
disclosed. 

U.S. Welding & Safety Supply Co., with operations in Miami, FL, specializes in
the distribution of welding equipment and welding-related hardgoods, such as
consumables. U.S. Welding joined Airgas USA, LLC`s South region effective
December 3rd. 

Industrial gas and welding supply distributors Rebel Welding & Industrial
Supply, Inc., with operations in Vicksburg, MS, and Tallulah, LA, and Sadler
Welding Products, LLC, with operations in Dothan, Eufaula, and Troy, AL, and
Panama City, FL, joined Airgas USA, LLC`s South region effective December 3rd
and December 17th, respectively. 

Rochester Welding Supply Corp., an industrial gas and welding supply distributor
with operations in Rochester and Manchester, NY, joined Airgas USA, LLC`s
Northeast region effective December 17th. 

"Each of these businesses has a history of outstanding customer service and
enhances Airgas` position in its respective area," said Les Graff, Airgas Senior
Vice President - Corporate Development. "We welcome all of our new associates to
the Airgas family and look forward to providing our new customers with the most
complete offering of products, services, and expertise in the industry." 

Since the beginning of its fiscal year, Airgas has acquired 12 businesses with
aggregate annual revenues of approximately $39 million. 

About Airgas, Inc.

Airgas, Inc. (NYSE: ARG), through its subsidiaries, is one of the nation's
leading suppliers of industrial, medical and specialty gases, and hardgoods,
such as welding equipment and related products. Airgas is a leading U.S.
producer of atmospheric gases with 16 air separation plants, a leading producer
of carbon dioxide, dry ice, and nitrous oxide, one of the largest U.S. suppliers
of safety products, and a leading U.S. supplier of refrigerants, ammonia
products, and process chemicals. More than 15,000 employees work in
approximately 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 eBusiness, catalog and
telesales channels. Its national scale and strong local presence offer a
competitive edge to its diversified customer base. For more information, please
visit www.airgas.com.

Airgas, Inc.
Media:
Doug Sherman, 610-902-6270
doug.sherman@airgas.com
or
Investor:
Barry Strzelec, 610-902-6256
barry.strzelec@airgas.com

Copyright Business Wire 2012
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