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2015 Top 40 Industrial Distributors

04. Airgas – Top Industrial Distributors

Company Profile


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Headquarters: Radnor, PA
2014 Revenues: $5.1 billion
Change in Sales from 2013: 2.3%
Employees: 16,000
Locations: 1,100
2014 Acquisitions: Abbott Gas Products; Welding & Therapy Service Inc.
Key Executives: Michael Molinini, president & CEO; Robert McLaughlin, senior vice president & CFO; Thomas Smyth, vice president & controller

Airgas operates in several segments, including pipeline & bulk, packaged gases, welding hardgoods, safety PPE and other MRO.

During fiscal year 2014, the company acquired 11 businesses with aggregate annual sales of approximately $82 million, including The Encompass Gas Group, Inc., one of the largest privately owned suppliers of industrial, medical, and specialty gases and related hardgoods in the U.S. That number was down from 18 acquisitions the year before, and Airgas has continued its acquisitive approach with another 14 purchases in fiscal year 2015.

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