Airgas (ARG) Unit Acquires Texas Rental Company D&D Power
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Price: $101.87 +1.57%
Overall Analyst Rating:
BUY (
Down)
Dividend Yield: 1.9%
Revenue Growth %: +1.6%
Overall Analyst Rating:
BUY (
Down)Dividend Yield: 1.9%
Revenue Growth %: +1.6%
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Airgas, Inc. (NYSE: ARG) announced that Red-D-Arc, Inc., an Airgas company, has acquired D&D Power, LLC, a Texas-based equipment rental and services business which provides mobile power generation and light towers, as well as preventative maintenance and other services, to the oil and gas exploration and production industry. D&D Power generated annualized revenues of approximately $25 million in calendar year 2012.
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