Airgas to Acquire Airtec Inc. - Modern Distribution Management

Airgas to Acquire Airtec Inc.

Airgas, Inc., Radnor, PA, has agreed to acquire the assets and operations of Airtec Inc., an industrial gas and welding supply distributor with six locations in Wisconsin and one in Minneapolis, MN. The acquisition is expected to close by April 1, 2006, subject to customary closing conditions.

The Altoona, WI-based business, which generated around $13 million in annual sales in 2005 and employs about 60 people, will be integrated into Airgas North Central, one of Airgas’ 13 regional companies.

‘The Airtec operations will add to our service capabilities, strengthen our presence in Eau Claire, Wausau and Fond du Lac, and add new branch locations in Hudson, Sheboygan, North Milwaukee, and Minneapolis,’ said Ron Stark, president of Airgas North Central, which is headquartered in West Chicago. IL.

Airgas North Central operates 64 branches in Wisconsin, Minnesota, Iowa, Michigan’s Upper Peninsula, north-central Illinois, including the Chicago metropolitan area, and parts of Nebraska, and North and South Dakota.

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!