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re: Air Liquide buys Airgas for $10.3 billion

Posted on 11/18/15 at 11:52 pm to
Posted by Spirit of Dunson
Member since Mar 2007
23111 posts
Posted on 11/18/15 at 11:52 pm to
quote:

We would make up 98% of the industrial gas business in the U.S.
quote:

I forgive your typo
they are probably mixing up the figure that Airgas's market is 98% in the US. This is why it was so strategic for AL to get a stronger footing in the US market.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80859 posts
Posted on 11/19/15 at 8:14 am to
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.

This post was edited on 11/19/15 at 8:17 am
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