• About MDM
  • Cart
  • Terms & Conditions
  • Privacy Policy
  • Cookies Statement
  • News
    • Premium Articles
    • Latest
    • Technology & Digital
    • Mergers & Acquisitions
    • Talent Development
  • Resources
    • Store
      • Market/Economic Data
      • Management
      • Economic Benchmarks for Wholesale Distribution
      • Sales & Marketing
      • Special Reports
      • What Customers Want
    • Conferences
    • Webcasts
    • Podcasts
    • Directories
      • Associations
      • Buying and Marketing Groups
      • Investment Bank Guide for Distributors
    • Free Reports
    • Partners
  • Research
    • 2019 Market Leaders lists
    • MDM Analytics
    • Economic Benchmarks
    • Industry Competitive Landscape
    • White Papers
  • Subscribe
    • MDM Daily Update
    • MDM Premium
    • Podcasts
  • Premium
    • Download The Issue
    • Subscription Renewal
  • Sign In
  • Sign Out
  • My Account
Home » Valley National Gases acquires Gas Arc Supply

Valley National Gases acquires Gas Arc Supply

December 6, 2001
No Comments
Valley National Gases Incorporated, Wheeling, WV, announced that it completed the acquisition of Gas Arc Supply, Inc., an industrial gases and welding supply distributor with five locations in Pennsylvania, Maryland and Virginia having $4.5 million in annual sales.


Valley National Gases' President and CEO Lawrence E. Bandi said, "Gas Arc enhances our capabilities in the Baltimore and Philadelphia markets and provides significant synergy to our existing presence in these important markets. Gas Arc's Baltimore location provides a direct overlay with a substantial amount of business that Valley currently enjoys in the same market segment. Gas Arc's filling and distribution capabilities along with Valley's growing needs in this market will enable us to better serve our customers using the Gas Arc facilities as a basis for an expanded distribution center. One of our most important business strategies has been, and continues to be, the acquisition of businesses that give us the opportunity for future growth and leverage. We continue to actively pursue acquisition candidates that fit our profiles. This acquisition fits well with our strategy of effectively distributing products and services across an expanding geographic marketplace. We are pleased to be able to add a business of this size and quality to our existing base and to have the associates join our team."


Bandi further commented on this acquisition stating, "Gas Arc has a high percentage of gas sales which are relatively stable during economic downturns. This will add approximately 16,000 cylinders to our population, enhancing our steady cash flow."


Valley National Gases, with headquarters in Wheeling, West Virginia, is a packager and distributor of industrial, medical and specialty gases, welding equipment and supplies, propane and fire protection equipment. Valley National Gases operates seventy locations in eleven states, with eight production and distribution centers in the eastern United States. Valley completed five acquisitions during the last twelve months, adding approximately $21 million in annual sales.
Distribution & Manufacturing M&A Gases & Welding Equipment Distribution
  • Related Articles

    Home Depot to buy plumbing distributor

    Kaman Corp. to acquire A-C Supply industrial business

    Goodrich to spin off Engineered Industrial Products

  • Related Products

    Private Equity Firm to Buy Valley National Gases for $312M

    Matheson Tri-Gas Inc. Agrees to Acquire Linweld Inc.

    Airgas Acquires Most of Union Industrial Gas Group

Post a comment to this article

Report Abusive Comment

Popular Stories

  • Distributors are About to Get Commoditized

  • Distributors Struggle with Online Pricing

  • 6 Decision Criteria for Developing a Customer-Centric SKU Management Plan

  • A Distributor’s Innovation Playbook for 2020

  • MRO Buyers Primed for New Suppliers

Subscribe to MDM Update Newsletter

Your best source for news and trends in the wholesale distribution industry

Join Today
  • ABOUT MDM
    • About
    • Terms and Conditions
    • Authors
  • HELP
    • My Account
    • Login Help/ Password Reset
    • Research
    • Privacy & Data Act

CONTACT
6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060 
Toll free (888) 742-5060

 

Copyright ©2019. All Rights Reserved

  • Privacy Policy
  • Terms and Conditions