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AIRGAS, INC. ACQUIRES LARGE INDUSTRIAL GAS DISTRIBUTOR

 WILMINGTON, Del., July 2 /PRNewswire/ -- Airgas, Inc. (NYSE: ARG) today announced the acquisition of the assets of PDI-Western Distributing Group, Inc. of Anaheim, Calif., the wholly-owned subsidiary of Phoenix Distributors (PDI).
 PDI operates out of 10 locations in southern California. Annual sales of the company are approximately $18 million.
 The company will operate as part of Southern California Airgas, Inc. Key managers of PDI, along with two executives from the Airgas network will manage the operation.
 Peter McCausland, chairman and chief executive officer, commented, "I am very pleased Airgas has this opportunity to significantly expand its presence in the very large southern California marketplace."
 Airgas, Inc. has completed the acquisition of 5 distributors since April 1, 1993 with annual sales of approximately $50 million.
 Currently, the Airgas distributor network includes over 295 locations in 35 states and Canada. Airgas, Inc. is the largest distributor of industrial, medical and specialty gases and related equipment in the United States with annual sales of approximately $500 million.
 /delval/
 -0- 7/2/93
 /CONTACT: Britton H. Murdoch or Gordon L. Keen Jr. of Airgas, 215-687-5253/
 (ARG)


CO: Airgas, Inc.; PDI-Western Distributing Group, Inc. ST: Delaware, California IN: SU: TNM

MK -- PH023 -- 8181 07/02/93 13:51 EDT
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Publication:PR Newswire
Date:Jul 2, 1993
Words:204
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