Airgas Inc acquires Welding & Therapy Service Inc more than $10 million

Airgas acquires Welding & Therapy Services

6:27 AM, 5th March 2014
Airgas Inc acquires Welding & Therapy Service Inc

RADNOR, US: Airgas Inc, one of the leading suppliers of industrial, medical, and specialty gases, and related products, has acquired Welding & Therapy Service Inc, an industrial and medical gas and welding supply distributor with five locations in Indiana and Kentucky and annualized revenues of more than $10 million. Financial terms of the transaction were not disclosed.

“Airgas’ customer-centric culture, commitment to the packaged gas business, and consistent investment in local strength and service are well-aligned with the core values that have driven our success over the past four decades and make for a great fit for our associates. I believe the quality of service and breadth of product offering available to current and future customers of both companies will be stronger with this combination,” said Paul Greiling Jr, President, Welding & Therapy Service.

 

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