Airgas Buys Welding & Therapy Service Inc. - Quick Facts

(RTTNews) - Industrial gases supplier Airgas Inc. (ARG) reported acquiring Welding & Therapy Service, Inc., an industrial and medical gas and welding supply distributor with five locations in Indiana and Kentucky and annualized revenues of over $10 million. Financial terms of the deal were not disclosed.

Welding & Therapy Service's locations in Louisville, KY, and Bedford, Clarksville, Columbus, and Princeton, IN, and 51 associates joined Airgas' Mid America region effective March 3, 2014.

Since the beginning of its fiscal year, Airgas has purchased 11 businesses with aggregate annual revenues of around $82 million.