Airgas Acquires Metroplex Service Welding Supply and Excel Welding & Industrial Supplies

  Airgas Acquires Metroplex Service Welding Supply and Excel Welding &
  Industrial Supplies

 Adds two core distribution businesses with combined annual revenues of more
                               than $30 million

Business Wire

RADNOR, Pa. -- January 3, 2013

Airgas, Inc. (NYSE: ARG), one of the nation’s leading suppliers of industrial,
medical, and specialty gases, and related products, today announced that it
has acquired the assets and operations of two core industrial gas and welding
supply distributors that complement the Airgas portfolio of products and
services. Combined annual revenues for the two acquired businesses are more
than $30 million. Financial terms of the transactions were not disclosed.

Effective December 31, 2012, Airgas USA, LLC acquired the assets and
operations of Metroplex Service Welding Supply, Inc. Metroplex locations in
Fort Worth, Decatur, Gainesville, Burleson, and Mineral Wells, TX, and 47
associates are now part of Airgas’ Southwest region.

Effective December 31, 2012, Airgas USA, LLC acquired the assets and
operations of Excel Welding & Industrial Supplies, Inc. Excel’s Philadelphia,
PA, location and 10 associates are now part of Airgas’ East region.

“Acquiring Metroplex and Excel will help to further increase our density and
strengthen our competitive position in each of these geographies. We’re very
pleased to have these new employees and loyal customers join the Airgas
family,” said Les Graff, Airgas Senior Vice President − Corporate Development.
“Growth through acquisition remains an important complement to our organic
growth story, and we look forward to continuing to enhance our integrated
product and service offering to customers through the acquisition of both core
and adjacent product and service businesses in the future.”

Since the beginning of its fiscal year, Airgas has acquired 15 businesses with
aggregate annual revenues of more than $94 million.

About Airgas, Inc.

Airgas, Inc. (NYSE: ARG), through its subsidiaries, is one of the nation's
leading suppliers of industrial, medical and specialty gases, and hardgoods,
such as welding equipment and related products. Airgas is a leading U.S.
producer of atmospheric gases with 16 air separation plants, a leading
producer of carbon dioxide, dry ice, and nitrous oxide, one of the largest
U.S. suppliers of safety products, and a leading U.S. supplier of
refrigerants, ammonia products, and process chemicals. More than 15,000
employees work in approximately 1,100 locations, including branches, retail
stores, gas fill plants, specialty gas labs, production facilities and
distribution centers. Airgas also markets its products and services through
eBusiness, catalog and telesales channels. Its national scale and strong local
presence offer a competitive edge to its diversified customer base. For more
information, please visit www.airgas.com.

Contact:

Airgas, Inc.
Media Contact:
Doug Sherman, 610-902-6270
doug.sherman@airgas.com
or
Investor Contact:
Barry Strzelec, 610-902-6256
barry.strzelec@airgas.com
 
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