Airgas buys welding equipment supplier
Industrial Distribution staff -- Industrial Distribution, 4/7/2008 9:37:00 AM
Airgas Inc. acquired A&N Plant, a European supplier of new and reconditioned rotating, positioning and welding equipment for sale and rent, for an undisclosed amount.Airgas said it will create a new division in its Red-D-Arc Ltd. business for the acquisition, which posted sales of roughly $20 million during fiscal 2007.
A&N has facilities in Old Amersham and St. Helens, England, and in Stellendam, The Netherlands, and operates in Europe, Asia and the Middle East.
“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,” president Mitch Imielinski said. “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.”
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