Airgas Announces Acquisition of Monroe Welding Supply and Clark Industrial Supply
Airgas, Inc., an Air Liquide company and the leading U.S. supplier of industrial, medical, and specialty gases, and related products, today announced that it has recently acquired the assets and operations of Monroe Welding Supply, Inc. and Clark Industrial Supply, Inc., both effective June 1, 2016. Airgas has completed 22 acquisitions since June 1, 2015.
Monroe Welding Supply, based out of a single location in Monroe, Louisiana, is a gas and welding distributor that generated $13.6 million in sales in calendar year 2015. Monroe’s 32 associates will join the Airgas Mid South Region.
Headquartered in San Jose, California, Clark Industrial Supply is a gas and welding distributor founded more than 30 years ago. Clark’s seven associates will join the Airgas Northern California and Nevada (NCN) Region. Clark Industrial Supply generated nearly $3 million in sales in calendar year 2015.
Andrew Cichocki, Chief Operating Officer of Airgas, said: “We are pleased to welcome the associates and customers of Monroe Welding Supply and Clark Industrial Supply into the Airgas and
Air Liquide families. Growth through acquisition has always been a core strategy and competency for Airgas, as evidenced in the nearly 500 acquisitions we’ve completed since our inception in 1982. Now, as a part of Air Liquide, Airgas remains committed to continuing to pursue acquisition opportunities in key markets to help realize the full potential of the newly combined company.”
Airgas, Inc., an Air Liquide company, is the leading U.S. supplier of industrial, medical and specialty gases, as well as hardgoods and related products; one of the largest U.S. suppliers of safety products; and a leading U.S. supplier of refrigerants, ammonia products, and process chemicals. Dedicated to improving the performance of its more than 1 million customers, Airgas safely and reliably provides products, services and expertise through its more than 17,000 associates, over 1,100 locations, robust e-Business platform, and Airgas Total Access telesales channel. As an Air Liquide company, the world leader in gases, technology and services for Industry and Health, Airgas offers customers an unrivaled global footprint and industry leading technology and innovations. For more information, please visit www.airgas.com.
Air Liquide in the U.S.
Air Liquide in the U.S. employs more than 20,000 employees in over 1,300 locations. The company offers industrial gases and related services to customers in a range of industries, including oil and gas, chemicals, metals, construction, food and beverage, research and analysis, electronics and healthcare.
( Press Release Image: http://photos.webwire.com/prmedia/2/203907/203907-1.png )
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.