Radnor, PA, May 2, 2018
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Airgas Acquires Weiler Welding Company, Inc., Marking the 500th Acquisition in Company History
Airgas, Inc., an Air Liquide company and the leading U.S. supplier of industrial, medical and specialty gases, welding technologies, and safety products, today announced that it recently acquired the assets and operations of Weiler Welding Company, Inc., effective April 30, 2018. The acquisition marks the 500th in Airgas’ 36-year company history.
Weiler Welding Company is a full-service industrial gas, beverage gas and welding supply business. Headquartered in Moraine, Ohio, Weiler Welding Company services Southwestern Ohio and Southwestern Indiana through six locations. Weiler’s 70 associates will join the Airgas Great Lakes Region.
Pascal Vinet, Chief Executive Officer of Airgas, said: “We look forward to continuing to offer the excellent service that Weiler Welding Company customers have come to expect and are proud to welcome Weiler Welding Company’s associates into the Airgas and Air Liquide families.”
Jim Weiler, President of Weiler Welding Company, said: “The joining of these two companies will create tremendous value for our associates and our customers. Weiler Welding Company appreciates Airgas’ customer-centric and employee focused culture. We feel that this culture will foster opportunities for our associates and we look forward to continuing to serve our customers as a part of Airgas.”
Weiler Welding Company marks Airgas’ 500th acquisition since the company was founded in 1982 with the acquisition of Connecticut Oxygen. Over 36 years, Airgas has successfully acquired and integrated companies’ operations, customers, and associates to create an industry-leading distribution network in the U.S. This, combined with strategic capital investments, has provided Airgas with the expansion opportunities to drive profitable growth.
Andy Cichocki, Chief Operating Officer of Airgas, said: “Airgas is proud to mark the 500th acquisition since our inception in 1982. Growth through acquisition has always been a core strategy and competency for us and we remain committed to pursuing acquisition opportunities in the years to come.”
Air Liquide U.S. Communications
The world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 80 countries with approximately 65,000 employees and serves more than 3.5 million customers and patients. Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide’s scientific territory and have been at the core of the company’s activities since its creation in 1902.
Air Liquide’s ambition is to lead its industry, deliver long term performance and contribute to sustainability. The company’s customer-centric transformation strategy aims at profitable growth over the long term. It relies on operational excellence, selective investments, open innovation and a network organization implemented by the Group worldwide. Through the commitment and inventiveness of its people, Air Liquide leverages energy and environment transition, changes in healthcare and digitization, and delivers greater value to all its stakeholders.
Air Liquide’s revenue amounted to 20.3 billion in 2017 and its solutions that protect life and the environment represented more than 40% of sales. Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and belongs to the CAC 40, EURO STOXX 50 and FTSE4Good indexes.