Airgas announces acquisition


Airgas Inc. today announced it has acquired Merriam-Graves Corporation, an independent distributor of industrial, medical, and specialty gases and related supplies operating in 25 locations in New England and New York, effective as of 1st February 2008.

The acquired business generated $47m in revenues in 2007 and these operations have been integrated into Airgas East, one of the regional companies within the Airgas umbrella. Airgas East will transition Merriam-Graves in an orderly process over the next few months, while the acquired operations include a headquarters, industrial fill plant, specialty gas laboratory, and central hardgoods warehouse in Charlestown, plus 6 other locations in New Hampshire, 6 locations in Vermont, 5 locations in Massachusetts, 5 locations in Connecticut, and a further 2 in New York.

“We are excited to welcome Scott and Kit Wakeman, and all 225 Merriam-Graves associates to the Airgas team,” said Fred Manley, President of Airgas East.

“They will find that their experience and entrepreneurial spirit will fit well with the Airgas culture. The added locations fill in our own network and help us serve customers in New England and New York more effectively.”

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