Airgas Acquires Metroplex Service Welding Supply and Excel Welding & Industrial Supplies

Thu Jan 3, 2013 4:15pm EST

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Adds two core distribution businesses with combined annual revenues of more than
$30 million
RADNOR, Pa.--(Business Wire)--
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 the assets and operations of two core industrial gas and welding supply
distributors that complement the Airgas portfolio of products and services.
Combined annual revenues for the two acquired businesses are more than $30
million. Financial terms of the transactions were not disclosed. 

Effective December 31, 2012, Airgas USA, LLC acquired the assets and operations
of Metroplex Service Welding Supply, Inc. Metroplex locations in Fort Worth,
Decatur, Gainesville, Burleson, and Mineral Wells, TX, and 47 associates are now
part of Airgas` Southwest region. 

Effective December 31, 2012, Airgas USA, LLC acquired the assets and operations
of Excel Welding & Industrial Supplies, Inc. Excel`s Philadelphia, PA, location
and 10 associates are now part of Airgas` East region. 

"Acquiring Metroplex and Excel will help to further increase our density and
strengthen our competitive position in each of these geographies. We`re very
pleased to have these new employees and loyal customers join the Airgas family,"
said Les Graff, Airgas Senior Vice President − Corporate Development. "Growth
through acquisition remains an important complement to our organic growth story,
and we look forward to continuing to enhance our integrated product and service
offering to customers through the acquisition of both core and adjacent product
and service businesses in the future." 

Since the beginning of its fiscal year, Airgas has acquired 15 businesses with
aggregate annual revenues of more than $94 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 Contact:
Doug Sherman, 610-902-6270
doug.sherman@airgas.com
or
Investor Contact:
Barry Strzelec, 610-902-6256
barry.strzelec@airgas.com



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