Airgas Inc. (NYSE: ARG), Radnor, PA, has acquired Tri-Tech, a Tampa-FL-based distributor of industrial, medical, and specialty gases and related supplies. The business, with 16 locations throughout Florida, Georgia, and South Carolina, generates annual revenues of $31 million.
Airgas Buys Tri-Tech
Airgas expands in the South with 16-location acquisition.
As of Nov. 16, 12 of the acquired locations have been integrated into Airgas South, and four have been integrated into Airgas National Welders. Airgas South and Airgas National Welders are among 12 regional companies within Airgas’ distribution business.
Airgas 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, a producer of nitrous oxide, dry ice and liquid carbon dioxide, and a distributor of process chemicals, refrigerants and ammonia products.
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