Airgas Buys Merriam-Graves

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February 4, 2008

Airgas Buys Merriam-Graves

Airgas, Inc., Radnor, PA, has acquired Merriam-Graves Corp., an independent distributor of industrial, medical, and specialty gases and related supplies operating in 25 locations in New England and New York.

The acquired business generated $47 million in revenues in 2007.

Merriam-Graves was integrated into Airgas East, one of the regional companies within Airgas. The acquired operations include a headquarters, industrial fill plant, specialty gas laboratory, and central hardgoods warehouse in Charlestown, NH, plus six other locations in New Hampshire, six locations in Vermont, five locations in Massachusetts, five locations in Connecticut, and two in New York.

Airgas East, Salem, NH, includes 86 retail branches, 40 cylinder fill plants, and 11 ISO 9000 series certified specialty gas laboratories. More than 1,100 associates serve customers in New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut, New York, Pennsylvania, New Jersey, Maryland and northern Virginia.

Airgas, Inc. is a distributor of industrial, medical, and specialty gases, and hardgoods, such as welding equipment and supplies. Airgas is also a distributor of safety products, producer of nitrous oxide and dry ice, liquid carbon dioxide producer in the Southeast, and a distributor of process chemicals, refrigerants, and ammonia products.

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