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Airgas buys Weldinghouse, Priority Energy Services

Staff writer |
Airgas has recently acquired the assets and operations of Weldinghouse and its affiliates, and Priority Energy Services.

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Financial terms of the transactions were not disclosed. The company has now completed nine acquisitions since beginning its 2016 fiscal year on April 1, 2015, totaling approximately $74 million in aggregate acquired revenue.

Weldinghouse is an industrial gas and welding supply distributor that generated more than $19 million in sales in calendar year 2014. Headquartered in Corpus Christi, Texas, Weldinghouse has four locations throughout southern Texas and nearly 40 associates.

“The addition of Weldinghouse’s associates and locations into Airgas via our Gulf Coast Region will enhance and strengthen our position in this important market,” said Jason Favre, Airgas President – Gulf Coast Region.

“Weldinghouse has developed a great deal of respect for the way Airgas conducts business and the value they bring to the gas and welding industries,” said Gary Gray, Vice President of Weldinghouse.

“Additionally, Airgas is focused on meeting the needs of our employees and customers. As Weldinghouse joins Airgas, our customers will reap great benefits and the South Texas welding industry will be strengthened.”

Headquartered in Covington, Louisiana, Priority Energy Services is a nitrogen services company with approximately 75 employees operating out of seven locations in Louisiana, Texas, and West Virginia. Priority Energy Services generated more than $21 million in sales in calendar year 2014.

“We look forward to welcoming Priority Energy Services’ associates and customers into the Airgas family,” said Tom Thoman, Airgas Division President – Gases.

The acquired business will be integrated into Airgas as a newly formed business unit named Airgas Priority Nitrogen, LLC.

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