Airgas Inc. today announced it has acquired A&N Plant, a European-based supplier of new and reconditioned rotating, positioning, and welding equipment for sale and rent, creating a new business unit for the US industrial gases company in the process.
The A&N Plant business generated approximately $20m in revenues for the year ended 30th June 2007 and the acquisition, effective as of 4th April 2008, creates a new business unit of Red-D-Arc Limited - an Airgas company which is the largest provider of welding, positioning, and related rental products and services in North America.
A&N Plant has an office in Old Amersham, Buckinghamshire, and facilities in St. Helens, Merseyside, England, and in Stellendam, The Netherlands. Operating in Europe, Asia, and the Middle East, the company serves a diverse customer base in offshore and onshore oil and gas, petrochemical, power generation, environmental, industrial plant, and steel fabrication industries.
“We are delighted to welcome A&N's founder, Alaster Dibbo, his partner, Rob Damstra, and all 28 A&N Plant associates to the Red-D-Arc team,” said Mitch Imielinski, President of Red-D-Arc.
“I am pleased to announce that Andre Frenette, vice president of sales for North America, will relocate to oversee the integration as Red-D-Arc's vice president of European Operations. Our goal is that A&N will serve as an important base as we expand our operations,” he added.
Alaster Dibbo commented, “We are very excited to join forces with Red-D-Arc and Airgas. The added resources now available to us will help our people serve customers wherever specialized equipment is needed. In addition, our companies share a commitment to engineering the right specialized equipment and solutions for our customers' unique needs.”
Red-D-Arc, which began in 1955, became an Airgas company in 1995 andoffers rental welding, positioning, and related equipment and services through more than 40 service centres in the US, Canada, and Mexico.