Air liquide has reached an agreement to acquire airgas in a gamechanging combination that strengthens air liquide s global leadership position, offers new opportunities to airgas customers and delivers significant value to shareholders. Beyond air liquide, other potential contenders that have been mentioned are praxair of. Since the airgas acquisition in may 2016, air liquide s credit ratings are affirmed. The value created offers higher efficiency, increased growth opportunities and business sustainability over the. Airgas announces commencement of consent solicitation. Airgas airgas, an air liquide company, is the leading u. It involves harnessing data and creating digital solutions to better manage our assets, interact with our customers and patients, and leverage our ecosystems. Airgas, an air liquide company, completes the acquisition. Air liquide cools speculation it will bid for airgas the. Paris cedex 07 feb, 2020 thomson streetevents edited transcript of air liquide sa earnings conference call or presentation. Whether you have spend management software or an enterprise resource planning erp system, airgas, an air liquide company, gives you greater flexibility managing your supply chain. Taylor whisneant senior account manager bulk sales. Air liquide and al acquisition corporation merger sub signed an agreement and plan of merger pursuant to which. Air liquide completes acquisition of airgas mro magazine.
Air liquide announces that airgas has completed the acquisition of ta corporate holdings, inc. Whether you manage a single facility or multiple sites across the country, airgas, an air liquide company, has the technical expertise and national presence to meet your needs for highpurity specialty gases and precision blends. Air liquide and airgas together will deliver greater value, service and innovation to customers in north america and around the world by allowing air liquide to offer its leading production and innovation capabilities to a broader customer base. Air liquide announces agreement to acquire airgas air liquide to acquire u.
Tom case medical account manager airgas healthcare, an. A special meeting of airgas shareholders has been scheduled for february 23, 2016. Information on acquisition, funding, investors, and executives for airgas. There is strong industrial and market logic to this acquisition, which ideally positions the. Our endtoend transactional solution maximizes workflow efficiency. Air liquide aims to help researchers around the world in their research to develop solutions that will offer sustainable technologies. Airgas, an air liquide company, is an american supplier of industrial, medical and specialty gases delivered in packaged or cylinder form, as well as hardgoods and related products.
Cautionary note regarding forwardlooking statements this document contains certain statements that are forwardlooking statements within the meaning of section 27a of the securities act of 1933 and section 21e of the securities exchange act of 1934, as amended. It offers nitrogen, oxygen, argon, helium, hydrogen, welding, and fuel gases, such as acetylene, propylene and propane, carbon dioxide, nitrous oxide, ultra high purity grades, special application blends, and process chemicals. Digital transformation at air liquide is about leveraging the power of digital to deliver a worldclass customer experience. Airgas healthcare, the new healthcare organization created through the acquisition of airgas by air liquide, is a provider of bulk liquid, cylinder and specialty gases, and equipment for medical. Mccausland and two others off the board, replacing them with air products nominees. Airgas, an air liquide company, to acquire tech air. Al bradley, mst director hub us tax operations at air liquide including airgas, inc. Air liquide, which recently announced its intention to purchase airgas, no. At air liquide, as our investment cycle is long, we believe in long term commitment.
Air liquide completes acquisition of airgas air liquide. Ai, world leader in gases, technologies and services for industry and health, today announced that it has completed the acquisition of airgas, inc. Amy klapprott director, health and safety programs. Federal trade commission clears air liquide s acquisition of airgas. Airgas was founded in 1982 with the acquisition of a local distributor, connecticut oxygen.
Tech air, a large independent distributor of industrial gases and welding supplies serving various geographies in the united states. Airgas, an air liquide company, completes the acquisition of tech air. Air liquide s successful airgas acquisition contributes to the companys strategy of profitable growth over the long term. Thomas carson vice president human resources airgas. Air liquide announces agreement to acquire airgas valuewalk. Airgas will operate as a subsidiary of air liquide within the companys u.
Al bradley, mst director hub us tax operations air. Combining air liquide and airgas will bring together two highly complementary businesses to deliver greater value, service and innovation to customers in. Air liquide and airgas share a commitment to safety, service, timely delivery and supply reliability. Gamechanging combination that strengthens air liquide. Learn specialty and industrial compressed gas terminology. Now that the acquisition is final, we will combine air liquide s unrivaled global footprint and strength in technology and innovation with airgas unique multichannel distribution network in the u. Globally, the combined businesses will generate annual sales of more than 20 billion more than. The transaction will be accretive from year one of ownership. Use the pitchbook platform to explore the full profile. Air liquide targets revenue growth on airgas buy marketwatch. Airgas north division 6055 rockside woods blvd independence, oh 441. Located near airgas headquarters, this campus provides technical and innovation support to air liquide s activities, notably in the american markets.
Director, health and safety programs, at airgas, an air liquide company california polytechnic state universitysan luis obispo view profile view profile badges. Vice president human resources air liquide airgas integration air liquide april 2016 december 2016 9 months. Air liquide completes acquisition of airgas business wire. The parties continue to expect to complete the merger in the second or third quarter of 2016. As previously announced, on november 17, 2015, airgas, l air liquide s. The two businesses are highly complementary, and the acquisition extends air liquide s customer base through a unique, multichannel distribution network and a. Access free online training to make the most of our products and processes. Air liquide announces agreement to acquire airgas air. They are an integral part of our driver for innovation and openness with ecosystems. A world leader in gases, technologies and services for industry and health, air liquide is present in 80 countries with approximately 67,000 employees and serves more than 3.
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