The 2020 Mid-Year Economic Update_long

Airgas Makes Acquisitions in CA, TX

Airgas, Inc., Radnor, PA, has acquired California-based Gordon Woods Industrial Welding Supply, Inc., Accu Air Gases &Equipment, LP and Summit Gas &Gear, LP. The three companies are related but separately managed industrial gas and welding supply distributorships with combined annual revenues of $25 million through 10 locations in southern California. 
 
All three businesses are now part of the Airgas West regional company.

In a separate transaction, Airgas has acquired TexAir Welding Supply, Ltd., an industrial gas and welding supply distributor with $5 million in annual revenues through branch locations in Henderson, Longview and Mount Pleasant, TX.  The company will be integrated into Airgas Mid South.

In addition to Gordon Woods and ...

Airgas, Inc., Radnor, PA, has acquired California-based Gordon Woods Industrial Welding Supply, Inc., Accu Air Gases &Equipment, LP and Summit Gas &Gear, LP. The three companies are related but separately managed industrial gas and welding supply distributorships with combined annual revenues of $25 million through 10 locations in southern California. 
 
All three businesses are now part of the Airgas West regional company.

In a separate transaction, Airgas has acquired TexAir Welding Supply, Ltd., an industrial gas and welding supply distributor with $5 million in annual revenues through branch locations in Henderson, Longview and Mount Pleasant, TX.  The company will be integrated into Airgas Mid South.

In addition to Gordon Woods and TexAir, Airgas has completed four other acquisitions this quarter. Since the beginning of its fiscal year in April, Airgas has completed 12 transactions with acquired annual revenues of $185 million.

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