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Airgas Inc Agrees to Acquire The Encompass Gas Group, with Eleven Locations in Illinois, Wisconsin, and Iowa

Monday, 7 Oct 2013 09:00am EDT 

Airgas Inc announced that it has reached a definitive agreement to acquire the assets and operations of The Encompass Gas Group, Inc., headquartered in Rockford, Illinois. With eleven locations and more than 130 employees in Illinois, Wisconsin, and Iowa, Encompass is one of the privately-owned suppliers of industrial, medical, and specialty gases and related hard goods in the U.S., generating approximately $55 million in annual sales in 2012. Terms of the agreement were not disclosed. The transaction is expected to close on November 1, subject to regulatory approval and satisfaction of other customary closing conditions. 

Company Quote

-0.42 -0.36%
19 Dec 2014