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re: Air Liquide buys Airgas for $10.3 billion
Posted on 11/19/15 at 8:14 am to Spirit of Dunson
Posted on 11/19/15 at 8:14 am to Spirit of Dunson
Maybe Airgas was 98% of packaged gas market share. That still doesn't sound close to accurate. The "corporate" Air Liquide guy said 98% of industrial gases which is wayyyyy more than just packaged gases. Even so, 98% of packaged gases is still hard to believe when you have Gas and Supply, Red Ball, Wesco, National Welders Supply, Capital Welders, etc just in the gulf coast.
Airgas is dominant on a national level in packaged gases. It's just that 98% figure doesn't sound right in my experience.
Airgas is dominant on a national level in packaged gases. It's just that 98% figure doesn't sound right in my experience.
This post was edited on 11/19/15 at 8:17 am
1
Posted on 11/19/15 at 12:18 pm to TigerTatorTots
quote:that is because it isn't right. Several articles about the purchase note that Airgas's market is 98% in the US - noting the strategic play into the NA market by Air Liquide. I am sure this guy heard/read that stat and conflated it with Airgas has 98% of the NA market.
It's just that 98% figure doesn't sound right in my experience.
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