IHS Chemical Week

Markets :: Industrial Gases

Airgas Buys Gases Distributor

2:42 PM MST | November 16, 2009 | Vincent Valk

Airgas has purchased Tri-Tech (Tampa, FL), a distributor of industrial, medical and specialty gases with locations in the southeastern U.S., the company announced today. While exact value of the deal was not disclosed, Tri-Tech has annual revenues of about $31 million. Of Tri-Tech's sixteen locations, twelve have been integrated into Airgas South and four have been integrated into Airgas National Welders. The company's locations are entirely in the southeastern U.S., in the states of Florida, Georgia, and South Carolina. Tri-Tech's 110 employees, including...

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