Airgas Acquires Oilind Safety

Airgas Inc., a direct marketer of industrial gases, has acquired Energy Safety Services, doing business as Oilind Safety, a provider of rental safety equipment.

Terms were not disclosed.

The companies expect to complete the transaction by July 1.

Oilind, based in Phoenix, will operate as a stand-alone company within Airgas.

With the acquisition, Jack Appolonia has been promoted to vice president of construction and rental businesses. He had been a company area vice president since Aug. 2004.

Airgas said it intends to offer employment to more than 200 Oilind Safety associates working in 16 locations, primarily in the Western U.S.