closely associated with the subject potentially preventing the article from being verifiable and neutral . please help improve it by replacing them with more appropriate citations to reliable independent third party sources . february 2014 learn how and when to remove this template message airgas inc. an air liquide company type subsidiary of air liquide industry gas founded 1982 founder peter mccausland 1 headquarters radnor township pennsylvania area served north america key people peter mccausland executive chairman michael molinini president and ceo revenue us 5 072.537 million 2014 2 us 4 957.497 million 2013 2 operating income us 630.534 million 2014 2 us 596.417 million 2013 2 net income us 350.784 million 2014 2 us 340.874 million 2013 2 total assets us 5 793.314 million 2014 2 us 5 618.225 million 2013 2 total equity us 1 840.649 million 2014 2 us 1 536.983 million 2013 2 number of employees more than 17 000 jul 2015 3 website airgas.com airgas inc. headquartered in radnor township pennsylvania through its subsidiaries is the largest american distributor of industrial medical and specialty gases delivered in packaged or cylinder form and hardgoods welding safety and related products . in november 2015 airgas agreed to be acquired by france s air liquide for a total of 13.4 billion . 4 the transaction is expected to close in the second or third quarter of 2016 . 5 contents 1 business activities 2 history 3 references 4 external links business activities edit airgas delivery truck dundee michigan airgas is also the second largest u.s. distributor of safety products the largest u.s. producer of nitrous oxide and dry ice and the largest supplier of liquid carbon dioxide in the southeastern united states . the company is also a distributor of process chemicals refrigerants and ammonia products . most of its 15 000 employees work in 11 regional companies to serve a diversified customer base . its integrated network of about 1 100 locations includes branches cylinder fill plants production facilities specialty gas laboratories and regional distribution centers . airgas markets through multiple channels including its own branches and outside sales force a strategic accounts team focused on large customers distributors and resellers telesales catalog and ebusiness channels . history edit airgas was founded by chairman and chief executive officer peter mccausland in 1982 and became a publicly traded company in 1986 . through more than 400 acquisitions and internal growth airgas built the largest national distribution network in the packaged gas industry . 6 on 8 september 2009 airgas replaced cooper industries in the s & p500 index . in october 2009 john mcglade the president and chief executive officer of air products a competing concern privately asked mccausland whether he d be interested in merging the two companies . mccausland rejected the idea . in february 2010 air products initiated a public tender offer for airgas . 7 the offer was extended and the price increased throughout the subsequent year . 8 9 10 air products abandoned the effort on february 15 2011 11 12 after a decision by the delaware chancery court that upheld airgas s extensive use of a poison pill defense . in november 2015 air liquide announced a deal to purchase airgas for 13.4 b including debt . 4 this deal was approved by the airgas board of directors and shareholders . the acquisition has now been finalised and announced on the 24th may 2016 and airgas is now a wholly owned subsidiary of air liquide france references edit airgas inc. an air liquide company . company information . market business news . retrieved may 14 2015 . a b c d e f g h i j airgas inc 2014 annual report form 10 k xbrl . united states securities and exchange commission . may 29 2014 . airgas form 10 k annual report filing date may 29 2012 pdf . secdatabase.com . retrieved jan 1 2013 . a b france s air liquide to buy u.s. peer airgas in 13.4 billion deal . reuters . 17 november 2015 . airgas shareholders approve air liquide s acquisition of airgas business wire february 23 2016 1 airgas form sc 14d9 tender offer solicitation filing date feb 22 2010 . secdatabase.com . retrieved jan 1 2013 . airgas form sc to c tender offer filing date feb 5 2010 . secdatabase.com . retrieved jan 1 2013 . airgas form sc to t a filing date jul 8 2010 pdf . secdatabase.com . retrieved jan 1 2013 . airgas form sc to t a filing date sep 7 2010 . secdatabase.com . retrieved jan 1 2013 . airgas form sc to t a filing date dec 9 2010 pdf . secdatabase.com . retrieved jan 1 2013 . airgas form sc to t a filing date feb 16 2011 . secdatabase.com . retrieved jan 1 2013 . airgas form sc 14d9 a filing date feb 16 2011 . secdatabase.com . retrieved jan 1 2013 . external links edit airgas corporate website google finance profile airgas ammonia and specialty products website airgas refrigerants website airgas welder rentals website airgas dry ice website part of airgas.com airgas sec filings v t e philadelphia area corporations including the delaware valley list of companies based in the philadelphia area philadelphia based fortune 500 corporations rank in the 2015 list comcast 43 aramark 207 crown holdings 318 delaware valley based fortune 500 corporations rank in the 2015 list amerisourcebergen 16 dupont 87 lincoln national 223 universal health services 324 campbell soup 342 ugi 349 burlington stores inc. 500 other notable philadelphia based businesses amoroso s beneficial bank chemtura day & zimmermann fmc corporation independence blue cross pennsylvania real estate investment trust pep boys philadelphia media network radian group urban outfitters notable philadelphia based professional partnerships ballard spahr blank rome cozen o connor dechert drinker biddle & reath duane morris morgan lewis & bockius pepper hamilton saul ewing white and williams other notable delaware valley based businesses actua corporation airgas alliedbarton ametek aqua america asplundh bentley systems brandywine realty trust boscov s carpenter technology cephalon chemours christiana care health system crozer keystone health system david s bridal epam systems enersys hamilton lane liberty property trust penn mutual penn national gaming rita s italian ice sei investments slm sungard susquehanna international group vanguard toll brothers triumph group unisys viropharma vishay intertechnology vwr wawa wilmington trust w. l. gore and associates wsfs bank notable delaware valley based us headquarters of foreign businesses aberdeen asset management ace agustawestland astrazeneca delaware investments glaxosmithkline ing group keystone foods sap america siemens medical shire pharmaceuticals subaru teva pharmacueticals td bank notable delaware valley based division headquarters of us corporations acme cerberus capital management centocor johnson & johnson colonial penn conseco delmarva power exelon gsi commerce ebay hercules ashland mab paints sherwin williams mcneil laboratories j & j neoware hewlett packard peco exelon qvc liberty media rohm and haas dow chemical sunoco energy transfer tasty baking flowers foods retrieved from https en.wikipedia.org w index.php title airgas & oldid 743069643 categories industrial gasesamerican companies established in 1982companies based in delaware county pennsylvaniacompanies listed on the new york stock exchangetransportation companies of the united states1982 establishments in pennsylvaniahidden categories articles lacking reliable references from february 2014all articles lacking reliable references navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage 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