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April 7, 2008

Airgas Buys European Supplier of Welding Eqmt.

Airgas, Inc., Radnor, PA, has acquired A&N Plant, a European-based supplier of new and reconditioned rotating, positioning, and welding equipment for sale and rent. The business had sales of $20 million for the year ended June 30, 2007.
 
The acquisition creates a new business unit of Red-D-Arc Limited, an Airgas company, a provider of welding, positioning, and related rental products and services in North America.
 
A&N Plant has an office in Old Amersham, Buckinghamshire, and facilities in St. Helens, Merseyside, England, and in Stellendam, The Netherlands. It operates in Europe, Asia, and the Middle East, serving a diverse customer base in offshore and onshore oil and gas, petrochemical, power generation, environmental, industrial plant, and steel fabrication industries.
 
Red-D-Arc became an Airgas company in 1995. It offers rental welding, positioning, and related equipment and services through more than 40 service centers in the U.S., Canada, and Mexico, as well as through Airgas construction stores in the U.S., and through a joint-venture operation in the United Arab Emirates.
 
Airgas, Inc., through its subsidiaries, is a U.S. 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. Airgas has 1,100 locations.

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